Don’t miss the latest developments in business and finance.

UN chief says outcome of COP26 'not enough'

UN Secretary-General Antonio Guterres said the outcome of the UN Climate Change Conference in Glasgow is not enough.

UN Secretary General António Guterres (above) has invited world leaders to a Climate Action Summit on September 23 in New York
UN Secretary General António Guterres
ANI US
3 min read Last Updated : Nov 14 2021 | 8:24 AM IST

UN Secretary-General Antonio Guterres on Saturday (local time) said that the outcome of the UN Climate Change Conference in Glasgow, Scotland, or COP26, is not enough.

"The approved texts are a compromise. They reflect the interests, the conditions, the contradictions and the state of political will in the world today. They take important steps. But unfortunately, the collective political will was not enough to overcome some deep contradictions," he said in a statement on the conclusion of COP26.

"Science tells us that the absolute priority must be rapid, deep and sustained emissions reductions in this decade, specifically, a 45-per cent cut by 2030 compared to 2010 levels. But the present set of Nationally Determined Contributions, even if fully implemented, will still increase emissions this decade on a pathway that will clearly lead us to well above 2 degrees by the end of the century compared to pre-industrial levels," he said.

He welcomed the agreement between the United States and China in Glasgow that pledges to accelerate action to reduce emissions in the 2020s.

To help lower emissions in many other emerging economies, there is a need to build coalitions of support including developed countries, financial institutions, those with the technical know-how. This is crucial to help each of those emerging countries speed the transition from coal and accelerate the greening of their economies, he said.

"I want to make a particular appeal for our future work in relation to adaptation and the issue of loss and damage," said Guterres. "Adaptation isn't a technocratic issue, it is life or death. Protecting countries from climate disaster is not charity. It is solidarity and enlightened self-interest."

"We have another climate crisis today. A climate of mistrust is enveloping our globe. Climate action can help rebuild trust and restore credibility. That means finally delivering on the 100-billion-dollar climate finance commitment to developing countries. No more IOUs. It means measuring progress, updating climate plans every year and raising ambition ... And it means, beyond the mechanisms already set out in the Paris Agreement, establishing clear standards to measure and analyze net-zero commitments from non-state actors."

Also Read

He said COP26 created some building blocks for progress: commitments to end deforestation, to drastically reduce methane emissions, to mobilize private finance around net-zero emissions.And the texts today reaffirm resolve toward the 1.5-degree goal, boost climate finance for adaptation, recognize the need to strengthen support for vulnerable countries suffering from irreparable climate damage. And for the first time, they encourage international financial institutions to consider climate vulnerabilities in concessional financial and other forms of support, including Special Drawing Rights. And finally, they close the Paris rule book with agreement on carbon markets and transparency, he noted.

The UN chief remained cautiously optimistic about the future.

"Success or failure is not an act of nature. It's in our hands. The path of progress is not always a straight line. Sometimes there are detours. Sometimes there are ditches. As the great Scottish writer Robert Louis Stevenson said: 'Don't judge each day by the harvest you reap, but by the seeds that you plant.' We have many more seeds to plant along the path. We won't reach our destination in one day or one conference. But I know we can get there. We are in the fight of our lives," he said. "COP27 starts now.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

More From This Section

Topics :UN climate summitAntonio GuterresClimate Change talks

First Published: Nov 14 2021 | 8:24 AM IST

Next Story