The climate goals of the COP26 in Glasgow
In November, the world's leaders will meet at the UN Climate Change Conference in Glasgow. The aim is to find joint, rapid solutions to combat climate change.
The effects of the climate crisis are already visible, today. Extreme weather events such as heatwaves, floods, and forest fires are occurring with increasing frequency. Action must be taken to combat climate change. But this is not a task for lone wolves; it must be tackled as a united effort by countries and companies to contain global warming under the 1.5 degrees mark.
The 2021 UN Climate Change Conference, also known as COP26, aims to address this issue. From Oct. 31 to Nov. 12, the summit in Glasgow, United Kingdom, will bring together delegations from all countries to jointly tighten the climate targets agreed to in the 2015 Paris Agreement. The focus at COP26 will be on these four main goals.
1. net zero emissions - 1.5-degree mark firmly in sight
An increase in the average temperature of 2 degrees Celsius is already enough to cause extreme weather conditions such as floods and droughts in many parts of the world. This is already noticeable by increasing forest fires, extreme weather events, and melting ice caps, today. The last five years have been the warmest since regular weather records. This makes it all the more important to drastically reduce greenhouse gas emissions before the climate suffers irreversible damage.
Therefore, the ultimate goal of COP26 is to achieve net zero emissions to prevent global temperatures from rising more than 1.5 degrees Celsius. The most important levers to achieve this goal are the phase-out of coal, investment in renewable energies, an end to deforestation, and a switch to electro mobility.
Goodbye, coal - hello, renewables!
Protection for the green lungs of the earth
Verkehr nachhaltiger gestalten
2. protection of communities and natural habitats
All over the world, weather extremes are increasing, causing damage to homes and ecosystems - and even costing lives - because of climate change. Unfortunately, the most severe impacts of the climate crisis often hit the poorest parts of the world the hardest. Especially, islands are at risk of literally sinking due to rising sea levels, leaving their inhabitants without homes and shelter.
Another important goal of COP26 is therefore to establish guidelines to protect ecosystems and communities. Defenses and warning systems, as well as resilient infrastructure and agriculture, are to be put in place to prevent the loss of homes and lives.
3. Financing: Let’s talk about money!
But the climate targets cannot be achieved with good intentions and hard work alone. Tackling climate change is also a question of financial resources. Only if major players such as industrialized countries and leading industries support the UN climate targets can they be achieved.
Therefore, COP26 wants to call on developed countries to make good on their pledge made under the 2015 Paris Agreement and mobilize at least $100 billion in climate finance annually. In addition, international financial institutions will be asked to provide the necessary funding in the private and public sectors.
4. A team effort
As always in life, COP26 plans are best achieved as a team. By calling for proactive collaboration from governments, businesses, and civil society, the UN Climate Change Conference aims to accelerate action against the climate crisis. This is the only way to set the course for humanity's most important joint project: The successful energy transition and joint management of the climate crisis.
As an international group of companies, we at thyssenkrupp see it as our responsibility to make a proactive contribution to achieving climate targets. Technologies that avoid the emission of greenhouse gases or convert and use those already emitted are available at our company. Together with other industrial companies and the support of political decision-makers, we as a global community can still manage to avert the very worst consequences of climate change.
However, this will only succeed if we continue to step up our efforts and work together to protect our climate. This includes, in particular, the rapid expansion of renewable energies, their infrastructure, and the establishment of green hydrogen as a global commodity that is produced and sold on an industrial scale.
If you want to learn more about COP26 and follow the events around the summit in Glasgow, you can find all the info on the official COP26 website.
Author: Güllü Beydilli