Current:Home > ContactCOP’s Postponement Until 2021 Gives World Leaders Time to Respond to U.S. Election -Core Financial Strategies
COP’s Postponement Until 2021 Gives World Leaders Time to Respond to U.S. Election
View
Date:2025-04-18 07:26:59
At this year’s annual United Nations climate meeting, countries were expected to announce emboldened climate pledges and discuss another infusion of funds to help developing countries brace for coming climate impacts.
But the meeting’s postement, announced Wednesday, will snarl progress, even as it gives world leaders more time to respond to the outcome of the U.S. election in November.
The Conference of the Parties (COP26) was scheduled for November in Glasgow, Scotland, with a lead-up meeting for October, in Italy. Both have been pushed back to 2021, though exact dates and details have not been set.
“In light of the ongoing, worldwide effects of Covid-19, holding an ambitious, inclusive COP26 in November 2020 is no longer possible,” the U.N. said in a statement Wednesday.
The COP usually draws 25,000 to 30,000 people and poses huge logistical and scheduling hurdles for hosting cities.
The next COP is a critical one and the delay means countries—already behind on ramping up their climate ambitions under the 2015 Paris climate agreement—could stall further.
“The decision in Paris in 2015 invited countries to update their pledges by 2020,” said Alden Meyer, director of strategy and policy with the Union of Concerned Scientists. “That is not a legally binding requirement—it’s a political request—but it still holds even if the summit is postponed. The pressure is still on countries to revise their commitments and that will be complicated by the Covid crisis.”
Countries will attempt to jump-start their economies after the crisis, most likely by amping up fossil fuel-dependent industries. Environmental researchers, pointing to the surge in greenhouse gas emissions after the 2008 financial crisis, are worried that will happen again.
There’s no reason that countries looking to restart their economies can’t target that in climate-friendly ways that will benefit the ambitions of their climate plans,” Meyer said.
Still, even before the Covid-19 crisis, the highest-emitting countries, including the U.S., China and Brazil, were not on track to ramp up their commitments. “There was always a concern that some of the big players weren’t moving quickly enough and that concern is still there,” Meyer said.
Countries were also slated to reevaluate their financial commitments to developing countries at the upcoming COP. Under the Paris agreement, developed countries pledged $100 billion to help mitigate the effects of climate change in developing countries that are bearing the brunt of global warming, yet have contributed relatively little to the problem.
“The UK climate summit was expected to be a moment where the finance ministers would evaluate how countries are doing in making that commitment,” Meyer said, adding that countries were also expected to discuss further funding beyond the initial $100 billion.
“The Covid crisis is not putting the atmosphere on hold. It’s not saying there’s not going to be any more drought or wildfires,” he noted. “Covid could exacerbate those impacts.”
There is, however, a potential bright spot to the postponement.
President Donald Trump announced shortly after taking office that he would withdraw the United States from the Paris agreement, but under the agreement, the earliest possible withdrawal date is Nov. 4, four years after the agreement took effect in the United States—and a day after the upcoming presidential election.
The meeting in Glasgow had been scheduled for six days after the election. That would have given leaders little time to respond to either another Trump administration—and the full withdrawal of the United States from the pact—or a new, incoming Democratic administration, which, under the agreement’s rules, could restore and revamp U.S. commitments as soon as February 2021.
“With this scenario at least you have clarity on who the president is well before the meeting,” Meyer said. “And in a Trump scenario, they would have more than six days to think through the implications of four more years of Trump and figure out their response. It provides a little more breathing space.”
If Trump is reelected, China and the European Union, the first and third-largest greenhouse gas emitters, could make a joint commitment under the agreement.
“China has shown an interest in providing more leadership on climate,” Meyer said.
Our journalism is free of charge and available to everyone, thanks to readers like you. In this time of crisis, our fact-based reporting on science, health and the environment is more important than ever. Please support our work by making a donation today.
veryGood! (77)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Women's March Madness winners, losers: Paige Bueckers, welcome back; Ivy nerds too slow
- FBI tells Alaska Airlines passengers on flight that had midair blowout that they may be victim of a crime
- Why Erin Andrews Wants Taylor Swift and Travis Kelce to Get Married So Bad
- All That You Wanted to Know About She’s All That
- Search for 6-year-old girl who fell into rain-swollen creek now considered recovery, not rescue
- These 12 Amazon Deals Are All 60% Off (Or More): $20 Adidas Pants, $10 Maidenform Bras, And More
- Geomagnetic storm from a solar flare could disrupt radio communications and create a striking aurora
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Women's March Madness winners and losers: Dominika Paurova, Audi Crooks party on
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- 1 person killed and 5 wounded including a police officer in an Indianapolis shooting, police say
- When does UFL start? 2024 season of merged USFL and XFL kicks off March 30
- Duke upsets Ohio State in women's March Madness, advances to NCAA Tournament Sweet 16
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- LSU coach Kim Mulkey lashes out at Washington Post, threatens legal action
- Former GOP Virginia lawmaker, Matt Fariss arrested again; faces felony gun and drug charges
- Shop Sleek & Stylish Humidifiers on Amazon's Big Spring Sale -- Save up to 55% off
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
The Daily Money: How to save on taxes while investing in your health care and education
USMNT Concacaf Nations League final vs. Mexico: How to stream, game time, rosters
Georgia RB Trevor Etienne arrested on multiple charges, including DUI, reckless driving
Tree trimmer dead after getting caught in wood chipper at Florida town hall
New England battling a mix of wind, rain, sleet and heavy snow
Lewis Morgan hat trick fuels New York Red Bulls to 4-0 win over Inter Miami without Messi
Ditch Bad Hair Days for Salon-Worthy Locks With Amazon Deals Starting at $4: T3, Joico, Olapex & More