"A new industrial revolution": What happened at COP26?

From 31 October to 12 November 2021, the UK Government hosted COP26 in Glasgow. Nearly 200 countries were asked to outline their plans to reach net zero by 2050. So, what was agreed upon? Here are some of the highlights.

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Transition to clean energy

• More than 40 countries – including the US, India, EU and China – backed
the ‘Glasgow Breakthrough Agenda’, to accelerate the deployment of clean technologies over the next decade.

• Over 20 countries agreed
to divert their spending away from fossil fuels, generating an estimated $8bn a year for clean energy. 

• 28 companies,
including Shell, bp and EDF, pledged to drive the supply of decarbonised hydrogen as part of the H2Zero initiative.

Deforestation


• More than 100 countries, representing about 85 percent of the world's forests, promised to stop deforestation by 2030.


Read the full article in DPA's December issue




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