The 26th UN Conference of the Parties (COP26) on Climate Change was held in Glasgow, United Kingdom, with the goal of finalizing the rules and processes for implementing the Paris Agreement and convincing all nations to commit to a net-zero objective by a certain year.
Major outcomes of the 26th session of the Conference of the Parties (COP)
- All the parties agreed that stronger action in the present decade is vital for meeting the 1.5-degree objective, according to the Glasgow Accord.
- As a result, it decided:
- Phase down of coal and phase out of fossil fuels
- Strengthening of 2030 NDCs
- Annual summit of ministers to increase ambitions
- Developed countries have been asked to at least double the amount of money allocated to adaptation by 2025, compared to current levels.
- Developed a two-year work plan to create a global adaptation goal.
- Providing the long promised $100 billion annual support towards developing countries’ green transition.
- A methane pledge, led by the United States and the European Union, by which more than 100 countries agreed to cut emissions of this greenhouse gas by 2030.
India’s commitment at COP-26
- Achievement of Net Zero by 2070.
- Launch of “e-Amrit”: one-stop portal for creating awareness about electric mobility through Electric Vehicles (EVs) in India.
- India will fulfil 50% of its energy requirement through renewable energy by 2030.
- India will reduce 1 billion tonnes of carbon emissions by 2030.
Despite the fact that COP-26 highlighted numerous victories in the fight against climate change, the goals set are insufficient to prevent the earth’s temperature from rising by 1.5 degrees by the end of the century. As a result, governments should strive to enhance their aims and adopt more carbon-neutral technology on a regular basis.