GLASGOW – The COP26 climate conference ended tonight with a deal that many countries have described as flawed and unsatisfactory, but ultimately a step forward in limiting global warming.
The UK presidency presented a compromise text called Glasgow Climate Pact who recognized how far the world was from keeping warming at 1.5 degrees Celsius.
“The negotiations were anything but easy,” said Alok Sharma, COP26 president. But he said the deal “will keep 1.5 alive” by calling on countries to increase their climate targets in 2022.
The countries have closed the rulebook of the Paris Agreement, agreeing to establish an international carbon market and initiate processes to discuss increasing financial assistance for developing countries in the coming years.
There has been a historical mention of a “phasing out” of coal and a “phasing out” of fossil fuel subsidies. Many countries, including the EU and small island nations, complained that India and China intervened in the last hour of the conference to change the language about coal from “phasing out” – which is still the first time. that fossil fuel which is one of the main Causes of climate change have been mentioned by the signatories of the Paris Agreement.
The document linked above does not include the modified language on coal, as it was changed in the final plenary.