Thousands will attend the U.N. global climate summit. While hopes for a major breakthrough are slim, here's what leaders hope to get done.
Governments’ failure to take aggressive action looms large as leaders head to the COP26 climate summit, billed as ‘the last, best chance’ to save Earth.There are essentially two conferences happening at the same time. The first is the official diplomatic meeting attended by more than 100 heads of state and their delegations who will conduct negotiations over emissions targets and financial assistance to help poorer countries cope with climate change. The U.S.
China, in particular, is under pressure to put new limits on its domestic coal consumption. Though the countrythe construction of coal-fired power plants overseas, it continues to approve new ones at home that will ensure it burns a lot of coal for decades to come. Recent power outages and coal shortages have made it unlikely that China’s leaders will abandon coal anytime soon.The rest of the world may suffer the consequences if the U.S.
But wealthy countries have fallen short, failing to raise more than $80 billion annually. Just days before the start of the summit,that they might be able to raise the money by next year and expressed confidence that they would meet their commitment by 2023. But experts in international climate negotiations say that regardless of what happens in Glasgow, most of the work of pivoting away from fossil fuels toward cleaner energy will continue to be done at the national and local level rather than through international diplomacy. For this reason, the details of net-zero emissions targets announced by business and civic leaders before and during these conferences are closely scrutinized.
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