COP26 is prolonged and we will have to wait until Saturday to reach an agreement
The British Presidency of the XXVI Conference of the Parties of the Framework Convention on Climate Change (COP26) of the UN reported this Friday night that the talks will continue at least until this Saturday afternoon with the aim of reaching a climate agreement.
The president of COP26, Alok sharma, has indicated in a message to delegates that it "plans to hold formal plenary sessions on Saturday afternoon to make decisions and close the session".
Sharma has specified that a new draft will be available from 8:00 a.m. on Saturday (9 a.m. on the Peninsula), after which a plenary meeting will be convened at an hour yet to be confirmed, but starting at 10 a.m.
After this session in which the president will present the documents and express his negotiation status assessment, will lead to the plenary session in the afternoon.
Sharma has indicated that he is in "intense consultations" with the various groups and parties in an "effort to reflect the opinions expressed, find the right balances and develop collectively constructed texts."
The COP26 that began in Glasgow on October 31 and that it should have been closed at 6:00 p.m. (7:00 p.m. in the Iberian Peninsula) this Friday in the Scottish city thus continuing an extension phase with the aim that countries seek in extremis to unite positions and move forward with the Agreement.
It is not a novelty that the Climate Summits are extended beyond the fortnight foreseen to negotiate. The previous appointment, held in Madrid in December 2015 was awarded the medal of being the longest summit in historyas it ended the following Sunday morning and surpassed the previous length record held by the Durban COP.
Efforts to file the agreement will continue this Saturday after Friday's talks in which the latest drafts published by the British Presidency on the morning of the same day have been analyzed.
Several of the developing countries have demanded more funding from developed nations to undertake the process of decarbonization and adaptation to climate change, and ask for more financial support for the losses and damages they face due to the rise in sea level and the increase in extreme temperatures.
In addition, a large number of countries have called for stronger action in the process of abandonment of fossil fuels after the use of language about that decoupling process and fossil fuel subsidies weakened in the final draft decision presented on Friday morning.
On the other hand, there is concern about the establishment of the 1.5ºC global temperature increase target to avoid the worst impacts of climate change, something that is a matter "of life and death" since many countries do not want to give in to that limit established by UN climate change experts such as the red alert point.
On a visit to the vaccination center in south east London this Friday, Johnson said the UK hosts COP26 where heaven and earth are being stirred In order for the whole world to consider of "vital importance" that the negotiation agreement must maintain the ceiling of the global increase in temperature between now and the end of the century at 1.5ºC.
"We need to see the money on the table to help the developing world make the necessary changes. This is what needs to happen in the next few hours, "he insisted. The Paris Agreement limit was set at a maximum of 2ºC with the promise of trying to reach the 1.5ºC limit to avoid the worst effects and impacts of warming. .
But the scientists warn that to maintain this 1.5ºC challenge it is necessary that the emissions of greenhouse gases are cut globally by 45 percent by 2030 and climate neutrality is reached by the middle of the century.
The latest version of the final decision "asks" countries to review and strengthen their reduction plans emissions by 2030 and aligning them with the temperature target of the Paris Agreement has been valued as stronger language than the first version of the draft that "urged" countries to do so.
However, this version weakened the language on fossil fuels, since the first (of this Wednesday) called on countries to accelerate the abandonment of coal and fossil fuel subsidiesBut the new draft this Friday morning changed the term to "accelerate the abandonment of coal power and inefficient subsidies for fossil fuels.
On the other hand, this last draft also marked the deadline, which is 2025, so that developed countries double the funding It will help the poorest and most vulnerable nations adapt to the impacts of climate change for which they are not primarily responsible.
