COP26 insists on controlling coal and fossil fuel funds

This content was released on 12 November 2021 – 08:27
12 November 2021 – 08:27

(AFP)

The second draft interim resolution at the Glasgow Climate Conference on Friday called on countries to “gradually eliminate uncontrolled coal-burning electricity and ineffective fossil fuel subsidies.”

“No quenching” coal-fired power plants do not use carbon capture technology to compensate for a portion of the gases they emit into the atmosphere.

This is an unprecedented reference in more than two decades of negotiations for these fuels, including gas and oil, which are largely responsible for the greenhouse gas emissions that contribute to global warming.

However, this creation is softer than the first draft, which is called “to expedite the withdrawal of funding for coal and fossil fuels”.

After two weeks of talks, COP26 was officially due to end on Friday, but due to differences of opinion it is likely to continue over the weekend.

Representatives from nearly 200 countries, who have been meeting in Scottish town since October 31, are tasked with deciding how to fulfill the promises of the Paris Agreement.

In 2015, compared to the pre-industrial era, global warming by the end of this century was below +2 ° C and +1.5 ° C safe, promising to act to prevent catastrophic natural disasters. Indicates one tenth of each additional degree.