Climate talks slow down after action-packed start of world leaders

By IANS | Published: November 9, 2021 05:15 AM2021-11-09T05:15:03+5:302021-11-09T08:05:22+5:30

Glasgow, Nov 9 The week-long ministerial segment began on Monday at COP26 in Glasgow. The day began with ...

Climate talks slow down after action-packed start of world leaders | Climate talks slow down after action-packed start of world leaders

Climate talks slow down after action-packed start of world leaders

Glasgow, Nov 9 The week-long ministerial segment began on Monday at COP26 in Glasgow. The day began with a stock-taking exercise of the past week of negotiations and announcements, conducted by the COP Presidency UK and chairs of the subsidiary bodies for technical assistance and implementation.

Following an announcement-packed start to proceedings with the World Leaders Summit, progress at the negotiating table have slowed down considerably over the past week with several old and new fault lines emerging to the surface, and many unresolved issues which had been flagged in the run up to the conference have persisted.

Common timeframes for NDCs: When the Paris Agreement was born, the challenge was to bring the whole world onto a common instrument of climate action, as per each country's individual capacity.

Resultant was differentiated timeframes on which action would be taken by the nations.

This issue was expected to be resolved with the adoption of a common timeframe in time for the operationalisation of the Paris Agreement, originally planned for 2020.

Six years after parties to the Paris Agreement first submitted their NDCs, there is still little clarity on the timelines that will be adopted for the implementation of the NDCs, their reporting and updation, despite four years of deliberations on the issue.

The technical negotiation session at COP26 failed to break the impasse on deciding common timeframes for the implementation of national commitments and the schedule for updation post-2030.

The challenge has been to build consensus among parties all of whom are on different developmental trajectories and situations on how long it will take to meet commitments already made and schedule future updates and scale up of ambition, particularly with a lot of climate ambition, particularly in the developing world, hitched to the availability of finance.

There are currently nine different options that have emerged from the technical deliberations which have been forwarded for further discussion to the ministerial segment of the COP.

These included Article 6 of the Paris Agreement that deals with market-based mechanisms and non-market approaches to emissions reductions.

The issue has long been hotly contested, and among the most difficult to build consensus around, particularly given failure of a prior attempt at creating a carbon trading regime to facilitate the offset of emissions in one part of the world with reductions in another.

The previous regime quickly ran into trouble as carbon credits

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in app