by Fabio Tollon
From a heat dome in North America, people drowning in their basements in New York, and a climate famine in Madagascar, you would think we would have started to take the climate crisis seriously. This is to say nothing of the volumes of scientific evidence that support the theory that we are teetering on the edge of catastrophe and are in the middle of an extinction event. With this backdrop, you would be forgiven for thinking that an event with the purpose of addressing this crisis would propose significant changes to our current production and consumption patterns. As luck would have it, we seem to inhabit the worst of all possible worlds, where such a common-sense expectation is not met.
The 26th Conference of the Parties (or, COP26) promised much but delivered little. Before the event, there was a genuine sense that this might be a turning point in the fight against climate catastrophe: maybe world leaders could come to together and, for once, put the long-term welfare of our planet and those who inhabit it over short-term profit. Unfortunately, what emerged from COP26 was not very much of anything. Although the so-called Glasgow Climate Pact, agreed to at COP26, “moves the needle” it is nowhere near enough to stop global warming from exceeding the critical threshold of 1.5°C above pre-industrial levels (our current pathway is for an increase of 2.4°C).
What remains clear (and what was reinforced at COP) is that there remains a gigantic disconnect between what is needed to get a handle on the climate crisis and what is being proposed. Talks of $100bn in aid from the developed to the developing world fall far short of what is actually required. John Kerry, the chief American negotiator, echoed this point by claiming that it is not billions that we need, but trillions (between $2.6tn and $4.6tn, per year). Read more »