November 28, 2021

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The British government has announced that the end of coal will be in sight

The British government has announced that the end of coal will be in sight

The Union of Nations has agreed not to invest too much in new coal energy.

November 4, 2021 6:46 am TASR

Glasgow. The British government said on Wednesday evening that “the end of coal is in sight”.

This happened after 18 countries, including Poland. Vietnam And Chile announced on Thursday that it was not investing in new coal energy for the first time.

A report released by the British government during the UN Climate Summit (COP26) in Glasgow, Scotland, states that more than 40 countries are committed to halting all investment in new coal-fired power generation in domestic and international markets. Accelerates clean energy production.

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Participating states pledged to phase out coal energy for large economies in the 1930s and small economies in the 1940s.

Separately, Chile and Singapore have joined the UK-led Coal Structure Coalition, which includes more than 150 countries and businesses.

The Climate Summit will be held in Glasgow, Scotland from October 31 to November 12 with the participation of 120 heads of state and about 25,000 delegates. The conference aims to set new global goals for reducing emissions.

The COP is held annually, but this year’s summit is considered important in light of the latest report of the International Commission on Climate Change. It calls on scientists to take immediate action to achieve the goals of the 2015 Paris Climate Agreement.

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Under the Paris Agreement, more than 190 countries have set a goal of keeping global warming below two degrees Celsius above pre-industrial levels, as well as efforts to ensure that this increase does not exceed 1.5 degrees Celsius.