COP 26 final agreement
A historic climate agreement was reached at COP26 in Glasgow to keep 1.5 degrees alive and protect our planet for future generations.
- The UK government asked nations to come together for our planet and to make history at COP26, they have answered that call – with an historic agreement to phase down coal and a roadmap to limit global warming to 1.5 degrees.
- The Glasgow Climate Pact commits countries to phase down unabated coal, supports a just transition for developing countries and action to tackle loss and damage, agrees for the first time a common timeframe and methodology for national commitments on emissions reductions, and agrees that ministers will meet to review progress annually.
- This agreement builds on the progress we have made on coal, cars, cash and trees throughout the summit:
- Coal. 65 countries have now committed to phasing out the use of coal power, and all major coal financing countries have committed to end international coal finance by the end of 2021.
- Cars. Over 30 countries and some of the world’s largest car makers committed to make all new car sales zero emission by 2040, and by 2035 in leading markets.
- Cash. More finance has been mobilised to support climate action in developing countries than ever before – bring us closer to the $100 billion annual climate finance target next year and ensuring we will exceed it after that.
- Trees. More than 130 leaders, representing over 90 per cent of the world’s forests, pledged at COP26 to end deforestation by 2030.
- There is still a huge amount more to do in the coming years – but we will look back on COP26 as the beginning of the end of climate change. Conservatives we will continue to work tirelessly towards that goal.
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