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Tuesday, November 30, 2021

Glasgow. Final agreement draft. Relaxed commitments on coal consumption

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The COP26 climate conference in Glasgow, according to unofficial reports, is to be extended until Sunday. The new draft final agreement of the UN summit tightens the call on countries to urgently tackle climate change. At the same time, commitments to reduce the use of coal and other fossil fuels have been relaxed.

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The climate conference, which has been taking place in Glasgow since October 31, is scheduled to end on Friday, but in view of the continuing discrepancies, it is unofficially said that it will be extended to Sunday. Also, the second draft of the final document was released late on Friday, initially it was announced that it would take place on the night of Thursday to Friday.

The draft final agreement asks countries to come up with plans to significantly reduce greenhouse gas emissions at a significantly faster pace than before, and to increase support for poorer countries that are suffering from the effects of climate change.

Participants of the COP26 climate conference ROBERT PERRY / PAP / EPA

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Changed wording

However, commitments to reduce the use of coal and other fossil fuels have been relaxed. The previous draft urged countries to “accelerate the phasing out of coal and fossil fuel subsidies.” The new draft says that countries should accelerate “phasing out intact carbon energy and ineffective fossil fuel subsidies”.

This proposal will be the subject of further negotiations. The withdrawal from the wording on fossil fuels is urged, inter alia, by Saudi Arabia, India, Russia and some other countries. An agreement must be agreed by all participating countries.

Protests during the COP26 climate summit in GlasgowROBERT PERRY / PAP / EPA

A moot point

The key point of contention is still the fulfillment of promises of financial aid by developed countries for the poorer in mitigating the effects of climate change. These were tabled as early as 2009 and upheld in the Paris Agreement, but the $ 100 billion a year promised at the time has still not been achieved.

The effects of climate change PAP

Main photo source: ROBERT PERRY / PAP / EPA



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