BORIS Johnson has hailed the “game-changing” climate change agreement as the “world follows Britain’s lead” on net zero.
The Prime Minister addressed the nation from Downing Street – discussing the newly agreed pact alongside COP26 President Alok Sharma.
For the first time, the world’s most powerful nations committed themselves to cutting fossil fuel use.
Almost 200 nations yesterday signed off on a historic climate pact at the COP26 conference in Glasgow – after a gruelling two weeks of negotiations.
Countries around the globe have committed to strengthening targets to curb emissions and increasing efforts to cease reliance on unabated coal and fossil fuel subsidies.
Boris said the agreement was a “big step forward” but admitted there is still a lot to do in the coming years.
He said: “I hope that we will look back on COP26 in Glasgow as the beginning of the end of climate change, and I will continue to work tirelessly towards that goal.”
Negotiations surpassed the original deadline on Friday at 6pm.
But the 197 nations finally managed to agree on the final text – and promised to increase their emissions-cutting targets for 2030 by the end of next year.
After a lengthy 15 days of talks, delegates pledged to double funding for developing nations to adapt to climate change by 2025.
As well as this, they agreed to prioritise working out financial aid for developing countries dealing with the devastation climate change causes.
But this comes amidst the bitter disappointment of super-polluters China and India watering down plans to eradicate them at the last-minute.
Experts claim that the deal is “meek” and “weak” with the 1.5C goal is “only just alive.”
Bringing an end to COP26, President Alok Sharma said despite the 1.5C target agreed in Paris in 2015 still being in reach, “its pulse remains weak”.
However, the pact to limit global warming to 1.5C above pre-industrial levels is highly significant.
By next year governments will have to come up with hard-edged plans on how to deliver these outcomes.
Bringing an end to COP26, President Alok Sharma said despite the 1.5C target agreed in Paris in 2015 still being in reach, “its pulse remains weak”.
Major outcomes of the Glasgow Climate Pact include…
- Supercharging 2030 emissions-cutting targets as soon as next year, helping to “keep 1.5C alive”
- The aim of limiting global warming to 1.5C above pre-industrial levels “alive” or within reach was a key goal of the talks
- Accelerating the phase-down of unabated coal and inefficient fossil fuel subsidies
- Doubling funding for developing nations to adapt to climate change by 2025
- Boosting up the agenda the conversation about how to pay for the loss and damage that climate change inflicts on developing countries
- Finally agreeing rules on carbon offset markets, which the last two COPs have tried and failed to finalise
He was given a standing ovation after his gruelling role in handling the crucial climate conference came to an end.
Labour leader Sir Keir Starmer said: “Glasgow has been a missed opportunity — a summit too often of climate delay not climate delivery.”
India boldly demanded a last-minute watering-down on the pledge to phase out coal.
They requested for the wording of the draft agreement to be altered from “phase-out” to “phase-down” in regards to the use of unabated coal power.
China also raised eyebrows by backing the softening of the phrasing, before saying they had found a way to work with the deal.
The major edit quickly dampened the optimistic mood, with Switzerland expressing their “profound disappointment” at the change.
Fiji’s representative also slammed the eleventh-hour modification, telling the climate summit of its “astonishment”.
He said nations were warned to avoid making “last-minute” changes to the deal and that “due process” had not been followed.
To avoid leaving the Scottish city without an outcome, disgruntled delegates from the EU and several island states reluctantly agreed to the adaptation.
EU negotiator Frans Timmermans explained: “Because we know the longer you take to get rid of coal, the more burden you put on the natural environment, but also the more burden you put on your economy.
“Because coal is simply not a smart economic proposition either, that’s why we want to speed up the exit.”
He added: “We are going to work bloody hard on getting rid of coal and I believe this conclusion will help us work in that direction.”
