The 196 countries gathered for two weeks in Glasgow (Scotland, United Kingdom) reached an agreement on the evening of Saturday, November 13, to conclude COP26. They adopted a common text, the Glasgow Climate Pact.
The COP resulted in a lukewarm agreement, with a few tentative symbolic advances and a lack of new aid for the losses and damages requested by vulnerable countries.
Despite the new commitments for the 2030 deadline announced just before and since the beginning of the COP, the world is still heading towards a “catastrophic” warming of +2.7°C by the end of the century, according to the UN.
Alongside the negotiations for the final declaration, countries signed several agreements to reduce global greenhouse gas emissions. Around one hundred countries committed to reducing methane emissions by 30% by 2030.
An agreement was also reached to end, by 2022, overseas funding for fossil fuel projects that do not use carbon capture techniques.
The British government further announced that countries representing 85% of the world’s tropical forests had signed an “unprecedented” commitment to end deforestation by 2030.
