COP26: Greater ambition now critical to achieving climate change agenda

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COP26: Greater ambition now critical to achieving climate change agenda

Following a series of reports and studies warning that urgent action is needed to keep the Paris Agreement’s goal of limiting global average temperature increases to 1.5C within reach, the United Nations Climate Change Summit (COP26) opened on October 31 with the key aims of raising ambition on all fronts and finalizing the agreement’s implementation guidelines.

Patricia Espinosa, Executive Secretary of UN Climate Change, said, “The devastating loss of lives and livelihoods this year due to extreme weather events clarifies how important it is to convene COP26 despite the impacts of the pandemic still being felt.”

“We are on track for a global temperature rise of 2.7C, while we should be heading for the 1.5C goal. Clearly, we are in a climate emergency. Clearly, we need to address it. Clearly, we need to support the most vulnerable to cope. To do so successfully, greater ambition is now critical,” she underlined.

Greater ambition is required to achieve progress on all elements of the climate change agenda, including reducing emissions, moving adaptation to the center of the agenda, addressing loss and damage from extreme climatic events, and increasing the provision of support to developing countries.

A central issue is the provision of support to developing countries, especially in relation to the goal of mobilizing $100 billion annually by 2020. Financial support is crucial for all elements of the climate change regime, including mitigation, but also in terms of adaptation, capacity-building, technology transfer, and several other elements.

Many Parties, especially developing countries, feel that in order to advance towards full implementation of the Paris Agreement, previous commitments should first be honored.

Finalizing the Paris Agreement’s implementation guidelines will enable the full implementation of all provisions, which will unleash more ambitious climate actions by all its Parties.

Specifically, the outstanding guidelines relate to the details around the global goal on adaptation, how to report climate action and support transparently, and the use of market-based mechanisms and non-market approaches.

“We have no choice but to make COP26 a success. For that, we need unity of purpose. We need to leave Glasgow with a balanced package of decisions that reflects the positions of all countries.

With a willingness to compromise among the many perspectives we can arrive at workable, ambitious solutions that will help us keep the 1.5C goal within reach. We stand ready to work with all Parties and to leave no voice behind to reach this important goal,” Espinosa said.

Having been postponed by a year owing to COVID-19 and having to address items from COP25 held in 2019, COP26 has a huge agenda beyond the key aims.

Addressing the conference following his election, COP President, Alok Sharma thanked delegates for traveling to Glasgow and outlined the urgent need for action:

As COP President I am committed to promoting transparency and inclusivity. And I will lead this conference in accordance with the draft rules of procedure, and with the utmost respect for the party-driven nature of our process. In that spirit, I believe we can resolve the outstanding issues.

We can move the negotiations forward. We can launch a decade of ever-increasing ambition and action. Together, we can seize the enormous opportunities for green growth, for good green jobs, for cheaper, cleaner power. But we must hit the ground running to develop the solutions we need. And that work starts today. We will succeed, or fail, as one.”

Highlights of COP26

Following a procedural opening on Sunday, 31 October, to enable work to begin quickly, Monday and Tuesday will be the World Leaders Summit with the presence of Royalty and more than 100 Heads of State or Government.

The World Leaders Summit provides all Heads of State or Government with the opportunity to set the stage for COP26.

Key events

A number of key Ministerial and other events around current climate change efforts will take place during the COP. These include:

  • The fourth biennial high-level Ministerial Dialog on climate finance
  • The first Ministerial Dialog on climate finance under the Paris Agreement
  • Several workshops and events to advance gender-related issues
  • Annual meeting with the participation of indigenous peoples and traditional knowledge
  • Together, all events provide Ministers and participants with a space to have frank and open discussions on progress made to date.
Global Climate Action

Climate Action undertaken by a diversity of stakeholders working to support the implementation of the Paris Agreement will be showcased throughout COP26.

Under the guidance of two high-level climate Champions, Gonzalo Muñoz (Chile) and Nigel Topping (UK), progress, plans, and targets for a range of sectors and initiatives will be presented in over 100 events in the Climate Action Zone in COP.

Participants will learn that climate action stakeholders representing 15 percent of the global economy and accounting for around 11 percent of total CO2 emissions have already made net zero commitments by (latest) 2050 through the Race to Zero campaign.

Furthermore, the mitigation efforts by climate actors are matched by efforts under the Race to Resilience, which is reaching over a billion people, through activities such as Nature-based Solutions, disaster risk reduction, agricultural resilience, and finance and insurance.

In addition, UNFCCC supported sectoral initiatives in sectors such as sports, fashion, tourism, events, films, and aviation will announce higher ambition, faster implementation, and increased collaboration to align these sectors with the 1.5 degrees C target of the Paris Agreement.

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