COP26 is set to be the most significant environmental meeting since Paris in 2015. Many elements of the Paris Agreement are still up for debate. Every nation must report on how they will reduce their carbon emissions and agree on a new, ambitious emissions path for the future, known as Nationally Determined Contributions (NDCs).
Ensuring that the Paris Agreement is implemented globally, and that countries meet their commitments, will be essential to protect our planet for future generations.
It’s hoped that four key aims will be achieved at COP26:
- Secure global net zero by 2050 and keep 1.5°C within reach
To achieve this, nations will need to accelerate the phase-out of coal, encourage investment in renewable energy, limit deforestation and speed up the switch to electric vehicles.
- Adapt to protect communities and natural habitats
Nations will need to work together to enable countries affected by climate change to protect and restore ecosystems, build defences and increase resilience to avoid further losses.
- Mobilise finance
Developed countries must deliver on their promise to raise at least $100 billion in climate finance every year. Trillions in private and public sector finance must be unlocked to secure net zero by 2050.
- Work together to deliver
Tackling climate change requires a global effort, in which everyone must work together. Ambitions must be turned into action by accelerating collaboration to deliver global climate goals faster.
The event will focus on several key themes across the two-week period, which we’ve summarised below: