The COP26 conference in Glasgow aims to secure bolder climate action from the nearly 200 countries that signed the 2015 Paris Agreement and agreed to try to limit global warming to 1.5 degrees Celsius above pre-industrial levels. Climate Envoy John Kerry also urged major economies to commit to more radical policies. Financing climate action will be vital to the success of COP26, said Oscar Soria, campaign director at the U.S.-based activist network Avaaz who was in Milan for the talks. Asked about coal mining, EU climate commissioner Frans Timmermans said the industry would gradually disappear even without specific climate action because it would eventually become economically unviable. China and India, the world’s top two coal producers, still rely on coal for much of their power supply.

Source: MetroXpress October 02, 2021 12:47 UTC