Categories: environmentHeadlines

In Draft Text, COP26 Urges Curbs On Coal And Faster Climate Action

Britain’s President for COP26 Alok Sharma (C) prepares to address an ‘informal stocktaking plenary’ during the COP26 UN Climate Change Conference in Glasgow on November 13, 2021.
Ben STANSALL / AFP

 

A UN climate summit text on Saturday urged nations to accelerate the phase-out of unfiltered coal and “inefficient” fossil fuel subsidies, after large emitters tried to remove the mention of polluting fuels. 

The text, which comes after two weeks of frantic negotiations at the COP26 summit in Glasgow, omitted any reference to specific finance for “loss and damage” — the mounting cost of global heating so far — which has been a key demand of poorer nations.

The mention on Saturday of fossil fuels was weaker than a previous draft, which called on countries to “accelerate the phasing out of coal and subsidies for fossil fuels”.

READ ALSO: Nigeria To Consider Investing In Nuclear Energy, Says Buhari

The new version, meanwhile, called for “accelerating efforts towards the phase-out of unabated coal power and inefficient fossil fuel subsidies.”

It also called for “recognising the need for support towards a just transition” — how developing nations still reliant on fossil fuels for power are assisted to decarbonise.

The texts also called for nations to accelerate their emissions cutting plans and submit new ones by the end of 2022 — three years earlier than set out in the Paris Agreement.

But it failed to allocate dedicated cash specifically for loss and damage, instead reiterating “the urgency of scaling up action and support” for vulnerable nations.

AFP

Solomon Elusoji

Disqus Comments Loading...
Share
Published by
Solomon Elusoji
Tags: COP26

Recent Posts

Do Not Denigrate Nigeria In Your Sermons, Tinubu Appeals To Religious Leaders

He urged the leaders to be more constructive in their criticism of those in elective…

5 hours ago

Soldiers’ Death: Wanted Delta Monarch Turns Self In

Before he turned himself in to the police, the monarch spoke to journalists, insisting on…

7 hours ago

45 Killed As Bus Plunges Off South Africa Bridge

The vehicle had been heading from neighbouring Botswana to Moria in the north of the…

7 hours ago

CBN Pegs Minimum Capital Base For Banks At ₦500bn 

The apex bank said the new minimum capital base for commercial banks with national authorisation…

9 hours ago

Soldiers’ Killing Oil-Related, DSS Should Lead Probe — Urhobo Leader

The Urhobo leader called for an independent probe into the circumstances that led to the…

9 hours ago

Tyrants Won’t Become Leaders In Parliamentary Democracy — Utomi 

The thought leader noted that thriving democracies in the world practice parliamentary democracy.

10 hours ago