COP26 and the Glasgow Climate Pact

COP26 and the Glasgow Climate Pact

What Does COP26 Mean?

COP is the abbreviation of "Conference of the Parties" . The annual summit brings together 197 countries. It was named COP26 as it was held for the 26th time this year in Glasgow, Scotland, from 31 October to 12 November.

Relationship between COP26 and Glasgow Climate Pact

Climate negotiators ended two weeks of intense talks on urgently accelerating climate action.
The Glasgow Climate Pact, coupled with the growing ambition and action of countries, means that 1.5°C remains in sight, but will only be achieved through concerted and urgent global efforts.
The Glasgow Climate Pact will accelerate the pace of climate action. All countries agreed to review and strengthen their existing emissions targets by 2030, known as Nationally Determined Contributions (NDCs), in 2022. This will be combined with an annual political roundtable to consider a global progress report and a Leaders' summit in 2023.
The Paris Rulebook, the guide on how to implement the Paris Agreement, was also finally completed after six years of discussion. This will allow for the landmark agreement to be fully implemented after agreeing on a transparency process that will hold countries accountable as they achieve their goals. This includes Article 6, which provides a solid framework for countries to exchange carbon credits through the UNFCCC (United Nations Framework Convention on Climate Change).
For the first time, heeding calls from civil society and the countries most vulnerable to climate impacts, the COP adopted action to phase out fossil fuels.

COP resolutions have gone further than ever before in recognizing and addressing the loss and damage from the current effects of climate change.
There were also commitments to significantly increase financial support through the Cohesion Fund, as developed countries were asked to double their support to developing countries by 2025.
The final COP26 text follows two years of intense diplomacy and campaigning by the UK Presidency to secure ambition and safe action from nearly 200 countries.

The work focused on providing short-term emission reductions to limit temperature rises to 1.5°C, mobilizing both public and private funding and supporting communities to adapt to climate impacts.
The UK Presidency also focused on taking action to deliver emissions reductions. Coal has seen a major shift, as many more countries have pledged to phase out uninterrupted coal power and end international coal financing.
In addition, we have seen a clear commitment to protect valuable natural habitats, with 90% of the world's forests covered by 130 countries' commitments to end deforestation by 2030.
The transition to zero-emission vehicles is gaining momentum as some of the biggest automakers are working together to make all new car sales zero-emissions in leading markets by 2040 and 2035. Countries and cities follow the same with the retirement dates of ambitious petrol and diesel cars.
Current policies will leave us on the path of catastrophic temperature rise. But studies by independent experts from the Climate Action Monitor show that with full implementation of the new collective commitments, it can keep the temperature rise to 1.8 °C.
Despite the actions taken during and before COP26, communities around the world will continue to feel the impact of our changing planet.

Turkey's Attitude

In the closing speech, the Turkish delegation said that at the beginning of 2022, a climate council will be formed with the participation of all stakeholders to determine the 2030 and 2053 roadmaps, and that all these decisions in COP26 will be the primary guide for compliance with Turkey's national and international commitments.
Turkey stated that it is determined to be a regional leader in the implementation of decisions and to leave a livable planet to future generations.

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Sources:
COP26
Reducing Coal Use