Climate Change Report will show that the $100 billion target before COP26 has been met and lost

It will be a risky start Climate conference in Glasgow next weekBecause rich countries may be accused of spinning and gassing as they try to fulfill their promise to give poor countries $100 billion a year to protect them from it. Global Warming.One of the ambitions of COP26, which begins in nine days, is that high-income industrialized countries finally live up to their pledge to donate $100 billion annually to developing countries to help them avoid and adapt to global warming.An official document is expected to be published tomorrow, which some see as evidence of the failure of the goal again, while others will indicate – for the first time – that the goal is finally on its way to achieving it.

This report by German and Canadian ministers, commissioned by the UK to chair COP 26, says the target will be achieved by 2022 or more likely 2023, but not by 2020 or 2021.Fundamentalists – like many developing countries, but also some in Washington – can say the goal is lost again.However, the Canadian-German report will also say that more than $500 billion will be donated based on national pledges in the five years to 2025, and with that in mind, rich countries will meet the target annually on average over the entire five years. . Expression.

Governments differ as to whether these types of multilateral financial goals can be viewed as being achieved on an average annual basis rather than on a separate annual basis.Either way, rich industrial countries cannot play their part in the poorer parts of the world, as this target was first set in 2009 and does not yet have to be achieved on an annual or annual average basis.It is not clear how the supposed fake success – creating enough funding commitments to instill confidence that the target can be achieved in the full five years to 2025 – will affect the crucial negotiations at COP26 to make both rich and poor countries drastically reduce global. Heating. gas emissions.

Many poor countries argue that as rich countries become rich from fossil fuel exploitation, those rich countries have a moral obligation to support mitigation and adaptation in the developing world far more than they did.Another reason for the “anger” of developing countries – according to one official – is that the report by Jochen Flasbarth of Germany and Jonathan Wilkinson of Canada will include few details about individual countries’ $100 billion contributions, so it is feared that cash is not. Guaranteed as they hope and want.