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By Elizabeth Piper, Valerie Volcovici and Jake Spring
GLASGOW (Reuters) -The UN climate news in Scotland appears to be preparing for a deal Saturday in which a conference convened in Britain said it would continue its goal of lowering the global temperature by 1.5 degrees Celsius to keep it safe.
Alok Sharma, chair of the https://www.reuters.com/business/cop chair, urged delegates from nearly 200 countries present in Glasgow to ratify an agreement that seeks to meet the needs of those at risk of climate change https: //www.reuters. com / business / cop / that-sinking-feeling-poor-nations-struggle-with-un-climate-fund-2021-11-11 their economy.
“Please don’t ask yourself what else you would like but ask what is enough,” he told them, in the final hours of a two-week meeting that ended one day. “Is this package good? Does it offer enough for all of us?”
“Most importantly – please ask yourself if these texts apply to all of our people and to our world.”
The final agreement will require the joint recognition of existing countries, from coal and gas power to oil producers and Pacific islands that are swallowed up by rising sea levels.
The main objective of the conference is to achieve the goal of the 2015 Paris Agreement to reduce global warming by 1.5 degrees -11-07 Celsius (2.7 Fahrenheit) above pre-industrial levels.
U.S. Ambassador John Kerry said the conference was ready to make a “surprising contribution”.
The deal, which took place earlier on Saturday, acknowledged that the global climate change crisis was far from over, and called on countries to implement strong climate promises next year, instead of every five years, as they should. to do.
In the eyes of the crowd and the delegates, there was an encouragement to Sharma from China, the world’s largest producer and consumer of crude oil, coal, and a country that needs to develop its economic potential.
“We have noticed that there are differences in some issues and at the moment this text is not complete, but we have no intention of reopening the word,” Chinese correspondent Zhao Yingmin told the conference hall.
‘NOT TO KILL THIS TIME’
The West African state of Guinea, which has strongly opposed the G77 group of developing countries to do more from rich countries to compensate for “loss and damage” due to unpredictable weather disasters, has also shown that the group acknowledges what happened. it was possible.
However, India, whose energy needs to depend heavily on its cheap and abundant coal, expressed dissatisfaction.
“I’m scared … consensus has not been reached,” Bhupender Yadav Minister of Environment and Climate Change told the meeting, not to mention whether India could block the vote or not.
EU Commissioner for Climate Frans Timmermans, speaking after Yadav, asked if the marathon race was in danger of stumbling as it was nearing completion and urged other delegates:
“Don’t kill this moment by asking for more scriptures, different texts, get rid of this, get rid of it.”
Scientists say that a further 1.5C rise could lead to rising sea levels and natural disasters including catastrophic droughts, hurricanes and fires that are far more severe than the current global catastrophe.
But global promises to reduce greenhouse gas emissions – especially carbon dioxide by burning coal, oil, and gas – have only reduced global temperatures by 2.4 Celsius.
However, Saturday’s article https://unfccc.int/sites/default/files/resource/Overarching_decision_1-CMA-3_1.pdf, published by the United Nations, seeks to reduce the huge amount of aid that governments around the world provide for oil, coal, and natural gas. they run factories and heat houses.
In the past, UN climate conventions have failed to address the effects of climate change.
Britain prepares to release https://www.reuters.com/article/us-climate-un-finance/britain-drafts-cop26-plan-to-make-sure-promised-climate-cash-arrives-idUSKBN2HY08C one of the biggest challenges, in providing the means to ensure that the poorest countries receive the promised financial assistance.
Developing countries claim that the richest nations, whose emissions record is https://www.reuters.com/business/cop/biggest-carbon-emitter-blame-game-troubles-cop26-talks-2021-11-11 which causes heat. Globally, they have to pay more to help them cope with the consequences and reduce their carbon footprint.
MUCH MONEY?
The document urged rich countries to double their investment in climate change by 2025 from 2019, and to provide much-needed funding for small island nations at the conference.
Currency exchanges go to the poorest countries and currently account for only a fraction of the seasonal currency.
Britain also said the UN committee should report next year on its progress by providing $ 100 billion a year on all the fiscal economies that rich countries have promised by 2020 but have failed. And it said governments should meet in 2022, 2024 and 2026 to discuss climate finance.
Even $ 100 billion a year is far less than the actual needs of poor countries, which could affect $ 300 billion by 2030 alone, according to the United Nations, in addition to economic losses due to crop failures or climate-related disasters.
Vulnerable countries have for years argued that rich countries are indebted to indebted countries because of the “loss and ruin” of unavoidable climate.
But rich nations are afraid that they will be held accountable for such calamities and will open the door to unlimited pay.
As a result, no UN climate summit has ever funded the topic in the countries most affected – and Glasgow’s Glasgow Saturday has not made a significant commitment.
The negotiators were, however, closing a deal to regulate the carbon markets – a mechanism that puts a price on metals that allow countries or companies to buy and sell “polluting licenses”, or air pollution debts.
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