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COP 26 concluded

Part of: Prelims and GS III – Climate change

Context COP26 could not achieve a final agreement while being concluded recently.

Key takeaways

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.

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