COP26 EXPLAINED
carbon emissions by 2050 • We are the largest producer of offshore wind energy in the world • We will end direct government support for the fossil fuel energy sector overseas • We are doubling our international climate finance to help developing nations with £11.6bn over the next five years up to 2025/2026
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CLIMATE FINANCE DELIVERY PLAN: MEETING THE US$100 …
ukcop26.orguncertainties and challenges of forward looking data estimates and budget cycles. While meeting the US$100 billion goal is of course critical, there are a number of other factors that are of great importance to climate finance. This Delivery Plan therefore includes a …
BUILDING A PRIVATE FINANCE SYSTEM FOR NET ZERO
ukcop26.organd collective resilience to climate risks. • Climate Action 100+, a group of over 500 institutional investors controlling over $47 trillion of assets, are demanding that the world’s 161 highest-emitting companies (representing 80% of industrial emissions) publish strategies to reduce emissions by 45% by 2030 and to reach net zero by 2050.
KEY MESSAGES
ukcop26.org3 EDUCATION – Call on governments to ensure comprehensive and universal climate change education and climate literacy for all and adequate funding for it according to international timelines. The main objective is to empower people of all ages with the knowledge, skills, values and attitudes to address climate change.
COP26 THE GLASGOW CLIMATE PACT
ukcop26.orgThe UK Presidency has given significantly more focus to championing real world sectoral action than ever before. For the first time, COP agreed a position on phasing down unabated coal power. The Glasgow Climate Pact is the climax of two years of fervent diplomacy and ambition raising. The Presidency’s work focused on
P re a m ble
ukcop26.orgt h at t i m e c l i m ate c h an g e h as g o ne fro m b e i ng a fr i ng e i s s u e to a globa l pri orit y. Th i s ye a r saw t h e 2 6 t h a n n u a l s u m m it – givi ng it the na m e CO P2 6. W ith the UK a s P re s i d e nt , C O P 2 6 t o o k p la ce i n G la sgow f ro m 31 Oc tobe r …
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