laitimes

To understand COP26 for two weeks, you need to understand these key data

Why should global temperature control reach the "1.5 degrees Celsius target"? Why is $100 billion mentioned so many times? On COP26, there are two key figures.

1.5 degrees Celsius

In 2018, the IPCC noted in a report that by limiting the rise in global temperatures to 1.5 degrees Celsius compared to pre-industrial levels, the harshest climate impacts can be avoided and a habitable climate can be maintained.

According to the latest data, global temperatures are already 1.06 to 1.26 degrees Celsius higher than pre-industrial levels, meaning that even if current emissions reduction commitments are fully met, global temperatures could still rise by 2.7 degrees Celsius this century, a prospect Guterres calls a "climate catastrophe."

The United Nations Environment Programme's (UNEP) latest Emissions Gap Report shows that despite rising global climate ambitions and "net zero" commitments, countries still produce more than twice as much fossil fuels by 2030 as they would meet the Paris Agreement's 1.5-degree Celsius temperature target.

The report also found that fossil fuels that governments around the world plan to produce by 2030 are about 110 percent higher than the production levels required to meet the global 1.5°C temperature target and 45 percent higher than those required to achieve the 2°C temperature target. This production gap remains largely unchanged from previous assessments.

To this end, in COP26, if we want to achieve the target of 1.5 degrees Celsius, all parties need to significantly update their emission reduction ambitions.

$100 billion

At the 2009 Copenhagen climate conference, developed countries pledged to provide at least $100 billion a year to developing countries by 2020 to help them meet the challenges of climate change.

But more than 10 years later, developed countries have been slow to meet this commitment, and according to calculations, the total amount of climate finance provided by developed countries to developing countries is now about US$ 80 billion, which is far from the target of US$ 100 billion per year. Even for the first $100 billion in climate funding, there is still a $20 billion gap.

To this end, climate finance will be one of the most important issues discussed during COP26.

Group of 20 (G20)

Made up of 19 countries and the European Union, the G20 represents most of the world's largest economies and is a key target for the United Nations' urging of emissions reductions. Guterres has repeatedly called for climate action to be led by the G20, which accounts for about 90 percent of the world's gross domestic product, 75 to 80 percent of international trade, and two-thirds of the world's population. The G20's commitments during COP26 are critical to curbing greenhouse gas emissions.

Highlights of the General Assembly (Activities of the Presidency):

1-2 November: Global Leaders' Summit (Speeches by World Leaders)

3 November: Financing Day

4 November: Energy Day

5 November: Youth and Public Empowerment Day

November 6: Natural days

8 November: Day of Adaptation, Loss and Damage

9 November: Gender Day and Science and Innovation Day

November 10: Traffic date

11 November: City, Regional and Built Environment Day

To understand COP26 for two weeks, you need to understand these key data

Read on