Why Peace Should Matter for the COP, and Why COP26 Is Important for Peace

Nov 12, 2021 | Cedric de Coning and Florian Krampe
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Over the past two weeks, the world’s attention was on Glasgow where the COP26 summit has brought the parties to the United Nations Framework Convention on Climate Change (UNFCCC) together to accelerate action towards the goals of the 2015 Paris Agreement. As the summit draws to a close today, it is clear that significant amounts of funding will be directed towards climate adaptation over the coming years. The European Union (EU), France, Germany, the United Kingdom, and the United States (US) have agreed to help South Africa end its reliance on coal in a first-of-its-kind deal worth $8.5 billion. In another announcement, the EU and 11 countries have committed to funding $12 billion for forest-related climate finance between 2021-2025. While it was disappointing that the $100 billion per year that developed countries pledged towards climate adaptation was not met before COP26, pledges made in the run up to and at the COP26 may see this goal reached in 2022 or 2023.