GLASGOW, the last chance to PCD becomes operative

GLASGOW, THE LAST CHANCE to become operative

https://ecojobssiglo21.blogspot.com/

 

 (Issued on december, 16th 2019. Updates: JUNE 2020 and SEPTEMBER 2021)

 Permanent link to this article:https://ecojobssiglo21.blogspot.com/2019/12/two-time-for-inaction.html 

spanish version of this subject is called "nueva cumbre mundial del clima, la última" 

permanent link to that article: https://ecojobssiglo21.blogspot.com/2020/08/otra-cumbre-climatica-continuacion-de.html

 

 

Article by IMBA prof. J. Hugo Von Veschler, GREENSTRATEGY Sr contributor & research

Mr. Antonio Guterrez, UN secretary General (2019)

  I) CoP25 (Madrid) closed sessions in absence of agreement as to halt emissions 

The one key Climate Summit that should have sparked the global action measures to curb alarming Global Warming closed the doors in Madrid today Dec the 15th, 2019. The event, under the chair of Chilean Ministry of Environment, had raised great expectancy about launching specific actions aimed to decarbonise the production of electricity by 2050.

Covenants from 200 nations got together for 10 days in Madrid starting Dec the 2^nd.to attend the one before the last meeting scheduled to launch the Paris Agreement

 

Madrid, CoB 25 Dec 2019

The disspointed outcome of the Madrid 019 meeting

The first agreement reached in the meeting was a commitment for all covenant to submit plans in next COB26 as to reduce GHG in 2020. Such plans should be more ambitious, as the BBC reported, so as to close the gap between scientists predictions and the current situation. However, the USA, China and India reacted in a negative sense.
Secondly, the covenants approved a number of local measurement to halve Global Warming and to fight the alarming seas contamination. Importance of oceans and the use of soil were key issues to fight Climate Change. 

Finally, in a non-sleeping discussion round of 48 hours article nº 6 of the Paris treaty (“pay per emit”) failed in approval, due to main emitters inflexible positions. (Perhaps it was much better not to do so, as many green activists declared.)

COB25 in Madrid (chaired by Chile) was a fiasco since the central

objective was to raise fundings to back up the media range decarbonization

plan for 2050.

Neither was the summit successful to tackle a binding compromise in halting emissions country-wise nor the related fund provision for it. Matters and issues were all deferred for one more year until COB26 in Glasgow, as the last opportunity.

Unability to set more ambitious climate objectives it is increasingly critisized by the Civil Society since. After 4 years and 4 global summits since 2015 Paris Deal have set up the GW goals, it is still anchored in the primary implementation steps.

 

the carbon lifecycle

While the conference was on, EU commission declared a state of ‘climatic emergency’ in the Union and took the leading initiative to advance decarbonisation of the Union by 2050. It was estimated a general budget of €100,000 million to finance it.

Alteration produced by manhood in nearly 50 years of overgeneration have resulted in hazardous emission of CO2 and other Green House Gases to the troposphere. Emission which have already exceded the natural tolerance thus threatening the Planet in terms of Climate severe changes. 

 

(II) CoP26 (Glasgow) will open next november 2021 to face a huge task: to end up the PCD implementation period

By next November 2021, this last summit to implement the planetarium PCD, Deal of Paris 2015  will have to open it up with a loud heritage left by CoB25: No agreement on the key issues to make the Paris deal to start and the dramatic economic crisis left by the pandemy.

This event should have been held by december 2020, thus ending the 5 years time implementation period of the PCD. The pandemic situation made to delay it one more year.

RACE TO ZERO is the 'le crie du la guerre' designed by UN to mobilise the climate actors in the meantime. It translate as follows:

 

Race to Zero is the UN-backed global campaign rallying non-state actors – including companies, cities, regions, financial and educational institutions – to take rigorous and immediate action to halve global emissions by 2030 and deliver a healthier, fairer zero carbon world in time.(*)

 

 

 the "zero carbon world in time" is a clear reference to the EU aim to reach a decarbonised status by 2050

 
How to redirect this situation? not easy to do since lack of agreement on funding decisions. This is the clue subject

 

article nº 6 of the Paris treaty ("pay for emit")

Here's what the COB 26 will deal with during the next weeks, as reads in their webofficial page:

At COB26 we must:

•“finalise the Paris Rulebook (the detailed rules that makes the Paris Agreement operational)

•accelerate action to tackle the climate crisis through collaboration between governments, businesses and civil society.”

•"To deliver on our first two goals, developed countries must make good on their promise to mobilise at least $100bn in climate finance per year by 2020.  International financial institutions must play their part and we need work towards unleashing the trillions in private and public sector finance required to secure global net zero."

Notwithstang, the Glasgow summit will start showing a  gigantic achievement:

 (*) As a first step towards meeting these ‘2030 Breakthroughs’, all actors are required to join the UN Race to Zero campaign. With now over 6,200 members from across 110 countries, including 4,470 companies, 799 cities, 35 regions – most recently Rhode Island and Nevada – 220 financial institutions, 731 educational institutions and 45 healthcare institutions, Race to Zero has almost doubled in size since last year’s Climate Week NYC. The campaign now represents over 11% of the global population and close to 15% of the global economy.

_____________________

COROLARIO. We are all anxiously awaiting fot the COB26 outcome. Planet does not wait however. So Time for action goes by and by, since 1974. It looks like time for inaction rather.

At the time this article is on edition, a new negative situation arose: price of electricity on the grid. Drivers of this sudden and quick increase at the steps of winter season are:

he EU. The region is still strongly dependent of fuel fossil , in spetial, natural gas. This source is experiencing heavy price increase situation as a consequende of selling in prices. Prices here have rose by 100%.

Insufficient contribution of renewables to the matrix energy this year has influenced this picture.

European electricity prices have climbed to their highest levels in over a decade in recent weeks, rising above 100 euros per megawatt-hour in many markets. In Germany and Spain, for example, prices in September have been around three or four times the averages seen in 2019 and 2020. This increase has been driven by the surge in gas, coal and carbon prices in Europe. The strong rise in gas prices led electricity providers in a number of European markets to switch from gas to coal for power generation – a trend that would have been more pronounced if it had not been for the increase in the price of carbon emission allowances on the European market.

further info by:

"Statement on recent developments in natural gas and electricity markets"

21 September 2021

  The paradox is evident: while the EU fights for reaching its famous net zero for CO2 emission, is being compelled to use more fossil fuels to face this winter season .