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COP26: Much Achieved, Huge Opportunities Missed
The document provides a multi-expert critique of COP26, noting that while the summit completed the Paris Agreement rule book and secured net zero commitments for 90% of the world, it failed to secure a 'grand bargain' for coal with India or a loss and damage fund. It highlights the $8.5 billion just transition deal for South Africa as a potential model but warns that developed nations have failed to meet the $100 billion annual finance goal. Experts argue that the summit ignored the critical role of oceans in carbon absorption and failed to address the resource-intensive economic systems driving global warming.
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Document type: Research paper