Finance for loss and damage from climate change must be ensured soon
At the 26th United Nations Climate Change Conference (COP26) in Glasgow last November, Bangladesh Prime Minister Sheikh Hasina, speaking on behalf of 55 vulnerable developing countries under the Climate Vulnerable Forum (CVF), put forward a demand to set up a facility to finance loss and damage from human-induced climate change. This demand was included in the draft of the Glasgow Climate Pact until the last official day of COP26, but after the COP president extended the time by one day, the language in the final version was changed from the "Glasgow Facility on Finance for Loss and Damage" to the "Glasgow Dialogue on Finance for Loss and Damage." This was done at the insistence of the US, who refused to allow the finance facility to be announced. Needless to say, this was a great disappointment for all the leaders of the CVF member-states. The impacts of climate change have been scientifically attributed by the Sixth Assessment Report (AR6) of the Intergovernmental Panel on Climate Change (IPCC). The ongoing heat wave in Pakistan and Northern India have led to many deaths and widespread sufferings, and there will be many more such impacts of human-induced climate change everywhere in the world—every day, going forward. Hence, the developing countries need to regroup and make sure that the Glasgow Dialogue actually results in the setting up of the facility for financing loss and damage in COP27, which is scheduled for November this year in Egypt, who will have the presidency.
India targets net-zero carbon emissions by 2070, says Modi
India’s economy will become carbon neutral by the year 2070, the country’s prime minster has announced at the COP26 climate crisis summit in Glasgow. The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts. India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.
COP26: What climate summit means for one woman in Bangladesh
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Why China's climate policy matters to us all
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
Deliver on promises, developing world tells rich at climate talks
A crucial U.N. conference heard calls on its first day for the world's major economies to keep their promises of financial help to address the climate crisis, while big polluters India and Brazil made new commitments to cut emissions. World leaders, environmental experts and activists all pleaded for decisive action to halt the global warming which threatens the future of the planet at the start of the two-week COP26 summit in the Scottish city of Glasgow on Monday. The task facing negotiators was made even more daunting by the failure of the Group of 20 major industrial nations to agree ambitious new commitments at the weekend.