The fight against Climate Change gains momentum
Glasgow, Scotland: The Conference of Parties (COP) 26 is the most significant summit organized in present times that aims to address emerging challenges from climate change.
COP 26 was initially scheduled for 2020 but, due to the outbreak of the COVID-19 pandemic, the summit had to be postponed. The summit was then organized in November 2021 where leaders from across the globe gathered and discussed future agendas related to environmental protection and climate change.
The COP26 meeting is organized under the United Nations Framework Convention on Climate Change and 197 countries participated in the summit. However, its power for implementing the agendas and formulating new agendas fundamentally lies with the rich and developed countries. This is also because rich and developed countries like the United States of America, Germany and England are financially stable compared to developing countries.
Apart from this, most of the developing and least developed countries would find it extremely difficult, if not impossible to tackle the growing challenges from climate change without adequate financial aid from the developed countries.