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London (AP) — A group of dozens of countries particularly vulnerable to the effects of global warming presented key requirements ahead of the United Nations Climate Summit in Glasgow.
These include ensuring that rich countries fulfill and strengthen their pledges of financial support to support the fight against climate change, and more frequent updates of national plans to reduce greenhouse gas emissions. , And the development of systems to compensate poor countries for climate-related damage.
Officials from 48 countries that make up the Climate Vulnerability Forum said a recent UN scientific report called for an urgent need for action to prevent global warming from exceeding 1.5 degrees Celsius (2.7 degrees Fahrenheit). He said he emphasized.
Scientists say the goals set in Paris six years ago are increasingly at risk unless emissions are quickly reduced.
Vulnerable countries tell Glasgow diplomats how developed countries will provide poor countries with the $ 100 billion they promised to tackle global warming each year, and how to allocate half of their money to adaptation. He said he wanted them to agree. The 2019 figures show that only about $ 80 billion has been provided, most of which is devoted to mitigation measures to reduce emissions.
“There is a $ 100 billion shortage and a complete imbalance in financing with completely inadequate resources for adaptation,” Bangladesh’s Environment Secretary Mostafa Kamal said in a statement.
The group also called on the government to update its emission targets at the annual Climate Summit. This is what developed countries currently do only every five years. Some major emitters, such as China, want to set new targets even less frequently.
“This is the only way to enable vulnerable countries to achieve a 1.5 ° C temperature rise,” said Fekadu Beien, Ethiopia’s Commissioner for Environment, Forests and Climate Change.
In what may be its most ambitious demand, the CVF will further develop a system of monetary compensation at the Glasgow Climate Summit to cover what is known as “loss and damage” resulting from climate change. Requested to agree with. This idea is strongly opposed by richly polluted countries who fear having to submit a bill. The 5% tax requirement on income from emissions trading is equally controversial.
The UN Summit in Glasgow, known as COP26, has brought together thousands of diplomats, scientists and environmental activists from around the world to assess progress since the signing of the Paris Agreement in 2015. It will start on October 31st.
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Vulnerable countries present demands for climate change negotiations | WGN Radio 720
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