COP 26 concluded
Part of: Prelims and GS III – Climate change
Context COP26 could not achieve a final agreement while being concluded recently.
- The countries shall sign the text agreement, drafted by the team of COP president Alok Sharma, which is a synthesis of all the discussions since November 1 when the COP26 began.
- The COP26 will not unveil a treaty as in 2015 when the Paris Agreement came into being.
- However, it is expected to guide implementation of the Paris Agreement, which urged countries to take steps to keep temperatures from rising beyond 2 degrees Celsius by the turn of the century and “pursue efforts to keep it” to 1.5 degrees Celsius.
- Besides, Developing countries such as India and China are pushing for formal acknowledgement from the West that they have not delivered on past promises of providing $100 billion annually until 2020.