It is a funding target now likely to be reached by 2023.Ĭollaboration: At COP26, parties will need to finalise the Paris Rulebook, which sets out the steps needed to realise the Paris Agreement. At this year’s summit, developed nations are being told to act on their promise to give at least $100bn in climate finance per year from 2020 to help secure global net-zero emissions. Mobilise finance: The Paris Agreement set a goal of providing finance to developing countries to tackle climate change. Protect communities and natural habitats: States are being encouraged to protect and restore ecosystems, as well as build defences, warning systems and resilient infrastructure to avoid the loss of lives, homes and livelihoods. ![]() The pledge includes mobilising 14 billion British pounds ($16bn) of public and private funds. To reach these targets by 2030, countries will need to phase out coal, invest in renewable energy, curtail deforestation and switch to using electric vehicles.Īt the summit, more than 100 world leaders agreed to end deforestation by 2030. Global net zero and 1.5C: Nations are being called on to reach net-zero emissions by 2050 and to keep to the 1.5C warming limit. The United Kingdom has set out four goals to achieve during the conference. The Paris Agreement will be re-examined at the summit with nations being asked to deliver more ambitious pledges on how they will reduce their greenhouse gas emissions, known as Nationally Determined Contributions (NDCs). What are the goals in Glasgow?įollowing a year of devastating natural disasters, from heatwaves to raging wildfires and flooding, COP26 will be key to advancing new commitments to limit climate change. With world leaders leaving the summit, negotiators and cabinet ministers will be responsible for ironing out new deals to deliver on the goals set out for COP26. ![]() ![]() More than 120 world leaders gathered during the first two days of COP26 to outline their climate change commitments.īritish Prime Minister Boris Johnson said: “As this first stage of COP26 draws to a close – and don’t forget there are still two weeks of detailed negotiation to come – we must take care to guard against false hope and not to think in any way that the job is done because it’s not, there’s still a very long way to go.” It comes after the historic Paris Agreement in 2015, which set out long-term objectives to limit the global temperature rise to below 2C (3.6F) to prevent catastrophic damage caused by global warming. Keep reading list of 4 items list 1 of 4 Turkey’s President Erdogan to skip COP26 climate summit list 2 of 4 COP26 climate summit opens in Glasgow amid acrimony list 3 of 4 COP26: Developing nations urge rich ones to fund climate goals list 4 of 4 COP26: Is carbon offsetting a stalling tactic? end of list
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