Page 173 - HỘI THẢO KHOA HOC 18.5.2022

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COP26: WORKING TOGETHER FOR A BETTER WORLD
Viet Quoc Cao., PhD

About the author

Dr Viet Quoc Cao is a Lecturer in Research Method and Corporate Social Responsibility at the
School of Management, College of Business-UEH, holding degrees from the University of
Economics, Ho Chi Minh City. Dr Viet Quoc Cao has authored some internationally-published
case studies and research on business and management. He teaches BA and MBA students,
especially courses on research methods, entrepreneurship, and CSR. He is also the director of the
entrepreneurial management program. Viet Quoc Cao can be contacted at: vietcq@ueh.edu.vn

COP 26

120 international leaders and more than 40,000 registered participants attended the United
Nations Climate Change Conference in Glasgow (COP26), including 22,274 party delegates,
14,124 observers, and 3.886 media representatives. It was a riveting two weeks for the entire world
as it focused on all aspects of climate change — the science, the solutions, the political will to act,

and concrete signs of action.
This year’s United Nations Climate Conference (COP26) produced the Glasgow Climate Pact,
which resulted from intense negotiations among nearly 200 countries over two weeks, months of
hard work in formal and informal settings, and nearly two years of hard work in constant
engagement both in person and virtually.

“The papers adopted represent a compromise,” UN Secretary-General António Guterres
remarked. In the world today, they reflect the interests, conditions, contradictions, and level of
political will that exist among people. Despite taking significant steps forward, the united political

will could not overcome some fundamental inconsistencies.”
What exactly was agreed upon?

Recognising the importance of the situation

Countries reaffirmed their commitment to the Paris Agreement’s goal of keeping global
average temperature increases well below 2 degrees Celsius above pre-industrial levels and
pursuing efforts to keep them below 1.5 degrees Celsius. They acknowledged that the
repercussions of climate change would be far less severe at a temperature increase of 1.5 degrees
Celsius instead of 2 degrees Celsius. Even more alarming is that human activities have contributed
to approximately 1.1 degrees Celsius of warming to date, that impacts are already being felt in
every region of the world, and that carbon budgets consistent with achieving the Paris Agreement
temperature goal are now small and rapidly depleting.

1 This case is prepared only for educational reasons, and it is not meant to reflect successful or
poor management decision-making, save for the goal of igniting conversation.

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