Brussels, November 13 (EFE). – The President of the European Commission, Ursula von der Leyen, today considered the agreement reached to maintain the goal of limiting global warming by 1.5 degrees by 2100 in relation to the pre-industrial period. The levels are a “step in the right direction” although there is still work to be done.
“COP26 is a step in the right direction. 1.5°C is still within reach but the job is not yet done,” von der Leyen said in a statement.
The CEO explained that “the least we can do is to deliver on the promises” made at the Glasgow (UK) summit “as soon as possible and then aim higher”.
Von der Leyen said that progress had been made on the main objectives set for the conference.
She noted that some of the major countries responsible for greenhouse gas emissions have announced new targets to reduce methane emissions, and that more than 100 countries have joined the global initiative on methane promoted by the President of the United States, Joe Biden, and herself.
“We have embarked on new partnerships to support countries in their transition to clean energy, such as South Africa,” he stressed.
In addition, he said, COP26 sent “a clear message that the time to subsidize fossil fuels and coal is over.”
He also noted that the conference made progress on climate finance, and that recent commitments should reach $100 billion in 2023 or a year earlier “if our partners agree to accelerate” the process.
Von der Leyen noted that the European Union already contributes more than a quarter of global climate finance, at more than $27,000 annually.
Finally, consider that rules have been put in place that will boost international carbon markets.
“If all the long-term commitments announced in Glasgow are implemented, we must keep global warming below two degrees,” he said. EFE
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(More information on the European Union can be found at euroefe.euractiv.es)
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