Boris Johnson held out hope that Cop26 could deliver success in the fight against climate change on Tuesday, after a two-day opening summit of world leaders saw the number of countries setting net-zero commitments rise to nine in 10.
“I think what you are starting to see here is a sense of how actually you can deliver those cuts in CO2,” the British leader said. “The world leaders may be leaving, but the eyes of the world are on our negotiators and we have your numbers.
“Ninety per cent of the world has now signed up to net zero, including India. The most important thing they've said is they want to decarbonise their energy system by 2030 — that's a massive commitment.
“We need further action from countries around the world and we are certainly going to keep the pressure up.
“Everybody's working to keep the 1.5°C goal alive.”
The UK prime minister used a football match analogy to predict that the push for further gains could see the process going into “extra time” in search of a favourable outcome. “We've pulled back a goal, or perhaps even two, and I think we're going to be able to take this thing to extra time”, he said.
A blizzard of announcements on technology and methane restrictions emerged from the conference on Tuesday. The host country hailed the commitment by over 100 countries to end deforestation in the coming decade as the first big achievement of the conference in the Scottish city of Glasgow.
Leaders representing more than 85 per cent of the world’s forests pledged to halt and reverse deforestation by 2030. Among them are several countries with massive forests, such as Brazil, China, Colombia, Congo, Indonesia, Russia and the US.
A group of countries disproportionately affected by the climate crisis have demanded that nations commit to climate actions annually, rather than every five years.
The Climate Vulnerable Forum, including heads of state from countries in Africa, Asia, the Caribbean, Latin America, the Middle East and the Pacific, convened on the second day of the Cop26 climate talks in Glasgow.
The Forum expressed alarm at “major emitting countries, [which had] failed to comply” with an obligation of the Paris Agreement, to update their own climate targets, known as Nationally Determined Contributions, and it urged countries to instead commit to yearly updates through to 2025.
The focus of the two-week process in Glasgow shifts from government leaders to finance and business from Wednesday. Former governor of the Bank of England Mark Carney said a list of more than 450 companies on the Glasgow Financial Alliance for Net Zero (GFANZ) will come out on Wednesday.
Mr Carney, who set up GFANZ, told BBC Radio 4's Today programme: “This is focused on providing the financing that's needed globally to make the investments that we need to get to a net-zero economy.
“And it means bringing together financial institutions, whether they're banks, insurance companies, pension funds, from around the world, and having them commit to net zero.
“So, all of their money, whether they invest in a company or lend to a company, that those companies, those underlying companies, will themselves be reducing their carbon emissions, transitioning to net zero.”
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
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Killing of Qassem Suleimani
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FIXTURES
All kick-off times UAE ( 4 GMT)
Brackets denote aggregate score
Tuesday:
Roma (1) v Shakhtar Donetsk (2), 11.45pm
Manchester United (0) v Sevilla (0), 11.45pm
Wednesday:
Besiktas (0) v Bayern Munich (5), 9pm
Barcelona (1) v Chelsea (1), 11.45pm
Hydrogen: Market potential
Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.
"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.
Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.
The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.
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Transmission: CVT auto
Power: 181bhp
Torque: 244Nm
Price: Dh122,900
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
The story in numbers
18
This is how many recognised sects Lebanon is home to, along with about four million citizens
450,000
More than this many Palestinian refugees are registered with UNRWA in Lebanon, with about 45 per cent of them living in the country’s 12 refugee camps
1.5 million
There are just under 1 million Syrian refugees registered with the UN, although the government puts the figure upwards of 1.5m
73
The percentage of stateless people in Lebanon, who are not of Palestinian origin, born to a Lebanese mother, according to a 2012-2013 study by human rights organisation Frontiers Ruwad Association
18,000
The number of marriages recorded between Lebanese women and foreigners between the years 1995 and 2008, according to a 2009 study backed by the UN Development Programme
77,400
The number of people believed to be affected by the current nationality law, according to the 2009 UN study
4,926
This is how many Lebanese-Palestinian households there were in Lebanon in 2016, according to a census by the Lebanese-Palestinian dialogue committee
UAE currency: the story behind the money in your pockets