The first draft final document of COP26 maintains the stated objective of limiting global warming to 1.5 ° C by 2100. It calls for reducing greenhouse gas emissions by 45% by 2030 compared to to 2010 and carbon neutrality by 2050.
During the night from Tuesday to Wednesday, the British presidency of the COP circulated for the first time several draft texts. These will still be the subject of important discussions by the end of the meeting on Friday.
China, Saudi Arabia and even India have all announced slower carbon neutrality objectives than suggested in the draft final document. At 2060 for Beijing or Riyadh and even 2070 for New Delhi.
In the draft final decision, rich states are again called upon to rapidly increase funding for developing countries’ adaptation to climate change. Their promise to mobilize $ 100 billion per year by 2020 has not been honored, angering NGOs and some less well-off states.
On Sunday, the British presidency had published the first elements which were to feed these draft decisions. None mentioned the exit of fossil fuels. On Monday, Greenpeace said it was ‘shocked’. The NGO had notably denounced insufficient efforts.