Answered on : 2024-01-23
The Glasgow Climate Agreement, also known as the Glasgow Climate Pact, was adopted at the COP26 (Climate Change Conference) in Glasgow. It includes several key points:
1. **Phasing Out Coal:** The agreement calls for developed countries to phase out unabated (without CO2 emission reduction measures) coal-fired power generation.
2. **Climate Action:** It aims to turn the 2020s into a decade of climate action and support, emphasizing the urgency of addressing climate change.
3. **Fossil Fuel Subsidy Reduction:** There is a commitment to end fossil fuel subsidies, indicating a shift away from supporting the fossil fuel industry.
4. **Carbon Pricing:** The pact discusses putting a price on carbon, which can incentivize emissions reductions.
5. **Support for Developing Nations:** India proposed an amendment to "phase down" coal, highlighting the need for more support for developing countries.
6. **Emergency Mode:** The UN Chief emphasized the need to go "into emergency mode" to tackle climate change.
These points reflect the global efforts to combat climate change and transition towards a more sustainable future. [1][3][5][8]