Achievements, failures and duties left by the Glasgow Summit
The Glasgow Climate Summit (COP26) comes to an end after two weeks of intense negotiations, a wide range of multilateral agreements and a final compromise reluctantly and against the clock. The Glasgow Pacts have marked a symbolic turning point on some issues and they have disappointed in many others.
This is a brief summary of the achievements, failures and duties the Glasgow Climate Summit (COP26).
The bone of contention at this summit has been the debate on the future of fossil fuels. The need to “speed up” the transition towards renewable energies and turn off the tap on oil, gas and coal subsidies It is gone qualifying draft after draft. Many countries have been reluctant to request of the scientific community to reduce the use of oil, gas and coal by almost half in the next decade to avoid extreme global warming. The mention it has been reformulated at the last minute to achieve the consensus of the countries most dependent on these products. It is no longer required to “eliminate” coal but to “reduce” its use.
The other big topic of debate has been the climate funds to help the global south to face the advance of the climate crisis. Glasgow failed to design a clear mechanism on how finance loss and damage that climatic disasters are causing in the most vulnerable areas of the planet and has postponed the debate to next year. What this Summit has achieved is to start the commitment of developed countries so that by 2025 increase their contribution to adaptation and mitigation funds.
The global commitment to reduce emissions of greenhouse gases has always collided with the fear that countries will cheat. For this reason, one of the turning points of this Summit has been the creation of an external body for monitor the deployment of climate policies. This new program, led by the United Nations, will present annual reports on the evolution of the emission levels of each country. The first ‘impartial balance’ of this entity will be delivered next year in Egypt, at the next edition of the Climate Summit.