#GreeningEUcooperation: Glasgow Climate Pact (COP26)
Discussion details
What happened in Glasgow? Why was coal the centre of attention? Are we on track to limiting global warming?

The climate deal reached in Glasgow included a hard-fought commitment to “phase-down” coal-fired power generation (coal is the dirtiest fossil fuel and needs to be phased out in order to have a hope of staying within 1.5 °C of global warming). The Glasgow deal, despite disappointing some, is the first agreement to include a direct reference to the phasing out of fossil fuels.
Developing countries also managed to keep the pressure on their more developed partners and ensure that increases in finance will follow within the next five years to the tune of USD 500 billion, to be used in large part for adaptation activities (double the portion of funding will go to adaptation in the new deal).
Nationally Determined Contributions (NDCs) and their swifter revision will be on the agenda at next year’s COP and also the year after, instead of the five years initially foreseen in Paris. This means that commitments to reduce emissions nationally will be under tighter scrutiny.
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