In this issue

The climate change conference (COP26) is scheduled to be held from October 31 in Glasgow under the presidency of the United Kingdom. The leaders from across the world are all set to attend the crucial meeting that attempts to cut carbon emission and limit global warming in an effort to save the planet from adverse climate impacts. Bangladesh Prime Minister Sheikh Hasina is also scheduled to join the meeting and deliver her speech in the conference.

This COP26 is expected to finalize a ‘Rule Book’ for implementation of the Paris Agreement, which was adopted by the parties in COP21 in 2015. The main issue of discussion by the leaders in Glasgow would be ensuring adequate contribution by the countries, particularly the developed ones, to the Green Climate Fund (GCF). It aims at facilitating the developing and climate vulnerable countries to cut carbon emission and limit temperature rise to 1.5 degrees Celsius. However, there is an apprehension over getting adequate funding commitment during the COP26 as the developed countries were struggling with global energy supply shortage and price hike while they are trying to recover from the COVID-induced economic losses.

The developing, least developed and climate vulnerable countries should mount pressure at the COP26 to make sure that the developed and most polluters increase financing to the GCF.

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The Exponent of Philippine Progress
Since 1900
The Nation's Leading Newspaper