Week One at COP26
Week one of COP26 has been deemed a success by most of those involved, with island nations and the developing world complementing the agreed pledges. If met, the action is expected to keep temperature rises to between 1.6 and 1.7 degrees Celsius.
While this isn’t the 1.5 degrees that scientists say is necessary, it certainly focuses the world on the solutions which mean COP27 in Sharm El Sheikh, Egypt, may deliver greater improvements.
COP26 Agreements so far:
- 100 countries sign up to deforestation pledge to begin restoring the world’s forests by 2030
- Ecuador to expand Galapagos protections
- India sets net zero by 2070 target and 50% renewable energy mix by 2030
- 40 nations sign up to ‘Glasgow Breakthroughs’ to give developing countries access to the innovation and tools needed to make the shift to net zero carbon emissions
- South Africa to ditch coal, with a $8.5bn loan and grant package from US and European nations
- 100 countries agree to slash methane emissions by 30%
- UK’s financial institutions and listed companies to publish their plans on how they will transition to net zero
- 190 countries and organisations agreed to end coal-fired power by 2040
- 45 countries commit to an investment to protect nature and shift to more sustainable ways of farming
- UK pledges £290 million in climate aid
COP26 was also a place to showcase innovation and several technological events caught the eye.
Commercial Buildings: A real asset in addressing climate change?
This even discussed the ‘Better Buildings Partnership Climate Commitment’ which had 27 signatories, covering £375 billion of assets under management, or 11,000 properties to deliver net zero buildings by 2050. This will be delivered by Sustainable Finance and will follow the Net Zero Carbon Pathway.
Hydro: Powering a Net Zero Future
This film celebrates the rich heritage of hydro power, particularly in North Scotland and looks ahead to its vital role in combating climate change. Following the film’s premiere there will be a panel event with UK and international experts discussing hydro’s role in reducing carbon emissions.
It can be viewed, here.
Celtic Renewables low-carbon technology converts unwanted and low-value biological material into high-value renewable chemicals, sustainable biofuel, and other commercially and environmentally valuable commodities.
Presenting at COP26, they will prove a vital partner in producing the energy which will help the construction sector cope with the Government’s announcement that their red diesel exemption will end in April 2022.
Sunamp thermal storage
Sunamp is showcasing how the company’s world-leading thermal storage technology decarbonises the heating and cooling of homes and buildings. With an ‘instead heat’ product, that replaces the typical cylinder used in homes, their thermal stores contain high performance phase change materials to efficiently store heat for domestic hot water systems and space heating.
Their innovative product can complement heat pumps, as well as advance alternative hot water and heating solutions. In January 2022, Sunamp will be showcasing their technology to NFB members via a webinar, as well as doing a Q&A session.