Newsroom

On 13th November the CoP26 concluded with all parties agreed on the Glasgow Climate Pact.

This CoP26 cover decision, among else

“recognizes the importance of the best available science for effective climate action and policymaking;

stresses the urgency of enhancing ambition and action related to mitigation, adaptation and finance in this critical decade to address gaps between current efforts and pathways in pursuit of the ultimate objective of the Convention and its long-term global goal;

recognizes the important role of non-Party stakeholders, including civil society, indigenous peoples, local communities, youth, children, local and regional governments and other stakeholders, in contributing to progress towards the objective of the Convention and the goals of the Paris Agreement”.

For the first time, the text also include reference to phasing down unabated coal power and phasing out inefficient fossil fuel subsidies, while recognizing the importance of the just transition.

The Pact also establishes an annual high-level ministerial roundtable on pre-2030 ambition, and the Glasgow Dialogue between parties on loss and damage, to convene from 2022 to 2024.

Negotiations on the Paris Rulebook were concluded.

The Rulebook contains the Article 6 mechanisms, defining the operation of international carbon markets to encourage global cooperation on emission reductions.

Agreement related to Article 6 on carbon markets will make the Paris Agreement fully operational. 

The enhanced transparency framework (ETF)  was completed as well. The reporting formats were agreed, enabling parties to submit their first Biennial Transparency Reports under the Paris Agreement in 2024.

In the closing ceremony, Executive Secretary, Ms. Patricia Espinosa pointed out that “Parties built a bridge between good intentions and measurable actions to lower emissions, increase resilience and provide much needed finance. A bridge between the admirable promises made six years ago in Paris to the concrete measures that the scientific evidence calls for and societies around the world demand. Operationalizing Article Six will allow Parties to scale up their cooperation, mobilize additional finance and private sector engagement and ensure that the rules are the same for everyone.”

CoP27 will be organized in Egypt in November 2022.

For more information:

Outcomes of the Glasgow Climate Change Conference - Advance Unedited Versions (AUVs) | UNFCCC

COP26 Outcomes - UN Climate Change Conference (COP26) at the SEC – Glasgow 2021 (ukcop26.org)

Summary report 31 October – 12 November 2021 (iisd.org)

COP26 conclusion (europa.eu)

The World Leaders Summit, took place on 1st and 2nd November 2021, resulted in important commitments to protect forests, reduce methane emissions and accelerate green technology.

Announcements focused on collective efforts include, among else:

The Global Methane Pledge to collectively reduce methane emissions by at least 30% by the end of this decade (compared to 2020 levels). Up to $328 million in funding has been committed to support the scale up of methane mitigation actions worldwide. The European Bank for Reconstruction and Development, the European Investment Bank, and the Green Climate Fund have committed to support the Pledge through both technical assistance and project finance. The countries who have joined the Pledge represent all regions of the world and include representatives from developed and developing nations. For more information: Homepage | Global Methane Pledge; Global Methane Pledge | Climate & Clean Air Coalition (ccacoalition.org)

The Glasgow Leaders Declaration on Forests and Land Use aims to end deforestation by 2030. More than 100 countries have signed this declaration so far, committing to work collectively to halt and reverse forest loss and land degradation by 2030 while delivering sustainable development and promoting an inclusive rural transformation. 

The Glasgow Breakthrough Agenda with the aim is to make clean technologies the most affordable, accessible and attractive choice for all globally in the most polluting sectors by 2030, particularly supporting the developing world to access the innovation and tools needed for a just transition to net zero.

• As an international clean technology plan to help keep 1.5°C in reach, provides a framework for countries and businesses to join up and strengthen their actions through a coalition of public, private and public-private global initiatives.
• With the Glasgow Breakthroughs, governments are committing to put in place a global action framework for the Power, Road Transport, Steel, Hydrogen and Agriculture sectors.
• for more information: Glasgow Breakthroughs - Race to Zero & Race to Resilience (unfccc.int)

The High Ambition Coalition announcing its resolve to deliver on mid-century net zero greenhouse gas (GHG) emissions goals, including by phasing out unabated coal-fired power plants and halting inefficient fossil fuel subsidies as soon as possible;

Global Coal to Clean Power Transition Statement – new commitments form the countries to phase out coal power, including five of the world’s top 20 coal power-using countries. Countries also committed to scaling up clean power and ensuring a just transition away from coal

Negotiations

The Subsidiary Bodies undertake important technical work during the first week, but still have a lot of issues to resolve in the coming week.

These issues included: Article 6 (mainly 6.2 and 6.4); Transparency; Loss and damage; Response measures; Adaptation; and Common time frames for nationally determined contributions (NDCs).

For more information:

HOME - UN Climate Change Conference (COP26) at the SEC – Glasgow 2021 (ukcop26.org)

Glasgow Climate Change Conference – October-November 2021 | UNFCCC

Glasgow Climate Change Conference | IISD Earth Negotiations Bulletin