The climate emergency is a real threat. We must take action against it, now. COP26 is in a fortnight and will be the most consequential summit that has ever taken place. This summit comes amidst an energy crisis here at home. We must learn the lesson from this crisis that we need to plan ahead and as we have learnt, the best route to energy security is to go further and faster on the green transition at home. This week, Labour unveiled its five demands that the
Government must enact at COP26. They are: 1) Leading by example Climate action must start at home. By investing £28bn every year until 2030 to tackle the climate crisis, we can protect the planet and create secure jobs in the UK. 2) Supporting the most vulnerable By reversing the overseas aid cut, delivering and exceeding the $100bn promised to developing countries, addressing loss and damage, and massively increasing vaccine supply for the world’s poorest countries. 3) Pressuring the big polluters By calling for 1.5C- aligned targets from the big emitters, phasing out
fossil fuels, and ensuring a just transition for workers. 4) Protecting nature By ending deforestation and ensuring all climate mitigation and adaptation is nature positive. We also need a robust Net-Zero and Nature Test for all government spending. 5) Mobilising our major businesses behind climate action We’d require financial institutions and FTSE100 companies to publish their carbon footprint and adopt credible 1.5C-aligned transition plans. The cause is not hopeless and COP 26 can make a huge difference, but we have to do everything we can in the remaining days as it
requires all the focus, attention, and strategic thinking the government can muster. |