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
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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