Page 1 - AsiaElec Week 44 2021
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Issue 606            03•November•2021                      Week 44













              ™     ™Commitment to 1.5°C


                      The US has joined the High Ambition Coalition and has signed up to the goal of limiting
                      global warming to 1.5°C by 2100, halving global emissions by 2030 and making good on
                      the promise of $100bn per year of climate finance for poor nations

              ™     ™ansition away from coal
                      T
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                      Vietnam, Singapore and a host of other major coal-burning countries made clear
                      commitments to phase out coal power in the coming years, as the UK presidency of
                      COP26 claimed that “the end of coal is in sight.”

              ™     ™$100bn promise


                      UK Chancellor Rishi Sunak said at COP26 that the world’s rich nations would make good
                      on their promise of $100bn per year of climate financing for poor countries by 2023
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