WHY IN THE NEWS?
The COP 26 United Nations Climate Change Conference will be hosted by the UK from 31st October to 12th November.
- Earlier, Intergovernmental Panel on Climate Change (IPCC) published its assessment report on Earth’s climate, highlighting heat waves, droughts, extreme rainfall and sea-level rise in the coming decades.
- COP 26 Goals: According to the United Nations Climate Change Framework Convention (UNFCCC), COP26 will work towards four goals:
Net Zero by 2050:               
- To secure Global Net-Zero by Mid-Century and keep 1.5 Degrees within reach.
- Countries are being asked to come forward with ambitious 2030 emissions reductions targets that align with reaching net zero by the middle of the century.
- To deliver on these stretching targets, countries will need to:- Accelerate the phase-out of coal
- Curtail deforestation
- Speed up the switch to electric vehicles
- Encourage investment in renewables.
 
- Adapt to Protect Communities and Natural Habitats:- Countries will work together to ‘protect and restore ecosystems and build defences, warning systems and resilient infrastructure and agriculture to avoid loss of homes, livelihoods and even lives.’
 
Mobilise Finance:
- Developed countries must make good on their promise to mobilise at least USD100bn in climate finance per year.
Work Together to Deliver:
- Another important task at the COP26 is to ‘finalise the Paris Rulebook’.
- Leaders will work together to frame a list of detailed rules that will help fulfil the Paris Agreement.
Suggestions for India:
- Update its Nationally Determined Contributions (NDCs).- (NDCs detail the various efforts taken by each country to reduce the national emissions)
 
- Sector by sector plans are needed to bring about development.- Decarbonisation of the electricity, transport sector and starting to look at carbon per passenger mile is needed.
 
- Aggressively figure out how to transition the coal sector.
Conference of Parties (COP)
About:
- The Conference of Parties comes under the UNFCCC which was formed in 1994. The UNFCCC was established to work towards “stabilisation of greenhouse gas concentrations in the atmosphere.- COP is the apex decision-making authority of UNFCCC.
 
- It laid out a list of responsibilities for the member states which included:- Formulating measures to mitigate climate change.
- Cooperating in preparing for adaptation to the impact of climate change.
- Promoting education, training and public awareness related to climate change.
 
Meetings:
- COP members have been meeting every year since 1995. The UNFCCC has 198 parties including India, China and the USA.- Generally it meets in Bonn, the seat of the secretariat, unless a Party offers to host the session.
 
Presidency:
- The office of the COP President normally rotates among the five United Nations regional groups which are – Africa, Asia, Latin America and the Caribbean, Central and Eastern Europe and Western Europe and Others.
- The President is usually the environment minister of his or her home country. S/he is elected by acclamation immediately after the opening of a COP session.