COP26 updates: Countries officially adopt Glasgow Climate Pact

Deep divisions still remained about the future of fossil fuels.

ByJulia Jacobo, Ayushi Agarwal, and Meredith Deliso
Last Updated: November 14, 2021, 11:35 AM EST

Leaders from nearly every country in the world have converged upon Glasgow, Scotland, for COP26, the United Nations Climate Change Conference that experts are touting as the most important environmental summit in history.

The conference, delayed by a year due to the COVID-19 pandemic, was designed as the check-in for the progress countries are making after entering the Paris Agreement, which aims to limit global warming to well below 2 degrees Celsius, a value that would be disastrous to exceed, according to climate scientists. More ambitious efforts aim to limit warming to 1.5 degrees Celsius.

Not one country is going into COP26 on track to meeting the goals of the Paris Agreement, according to experts. They will need to work together to find collective solutions that will drastically cut down on greenhouse gas emissions.

"We need to move from commitments into action," Jim Harmon, chairman of the World Resources Institute, told ABC News. "The path to a better future is still possible, but time is running out."

All eyes will be on the biggest emitters: China, the U.S. and India. While China is responsible for about 26% of the world's greenhouse gas emissions, more than all other developed countries combined, the cumulative emissions from the U.S. over the past century are likely twice that of China's, David Sandalow, a senior research scholar at Columbia University's Center on Global Energy Policy, told ABC News.

Latest headlines:

Here's how the conference is developing. All times Eastern.
Nov 01, 2021, 2:22 PM EDT

Prime Minister Modi announces India's net-zero plan for 2070

Indian Prime Minister Narendra Modi announced the country will reach net-zero emissions by 2070, one of five pledges he made during his remarks at the COP26 leaders summit.

Modi said India will commit to increasing non-fossil fuel energy capacity, fulfilling 50% of its energy needs with renewable energy, reducing carbon emissions by 1 million tons and reducing the carbon intensity of its economy by 2030.

“These five elixirs will be an unprecedented contribution from India toward climate action,” Modi said.

India's Prime Minister Narendra Modi presents his national statement as part of the World Leaders' Summit of the COP26 UN Climate Change Conference in Glasgow, Scotland, Nov. 1, 2021.
Alastair Grant/POOL/AFP via Getty Images

India has been one of the countries under pressure to update its commitments to the Paris Agreement, especially because of the country’s heavy reliance on coal. India contributes around 7% of global greenhouse gas emissions.

Modi is scheduled to announce a global clean energy initiative with Boris Johnson and Biden tomorrow.

- ABC News' Stephanie Ebbs

Nov 01, 2021, 2:17 PM EDT

President Xi Jinping sends written statement to COP26

Chinese President Xi Jinping, whose absence at COP26 was expected, delivered a written statement to the World Leaders Summer earlier today.

In his statement, Jinping said that China, the world's top emitter, will speed up its transition to green and low-carbon, renewable energy sources.

Jinping emphasized the need for cooperation between developed and developing countries, saying, "Developed countries should not only do more themselves, but should also provide support to help developing countries do better."

Nov 01, 2021, 1:39 PM EDT

Biden meets leaders from Indonesia, Estonia

President Joe Biden met with Indonesian President Joko Widodo, exchanging general pleasantries and discussing next year's G20 summit, which will be held in Bali, Indonesia.

President Joe Biden meets with Indonesian President Joko Widodo during the COP26 U.N. Climate Summit, Nov. 1, 2021, in Edinburgh, Scotland.
Evan Vucci/AP

Widodo congratulated Biden on his January 2020 victory, to which he replied, "Thank you very much. Thank you for recognizing it."

Although not a part of his official COP26 schedule, Biden also met with Estonian Prime Minister Kaja Kallas.

Estonia was one of the last G20 countries to sign on to the agreement, along with Ireland and Hungary.

According to a readout sent by the White House, the leaders spoke about the cooperation between the two countries on climate and defense.

Biden "conveyed his support for Prime Minister Kallas' efforts to promote trusted connectivity and high-standards infrastructure investment in Europe and around the world," the readout said.

-ABC News' Molly Nagle and Sarah Kolinovsky

Nov 01, 2021, 2:32 PM EDT

'It'll take trillions,' Jeff Bezos says of his $10 billion climate pledge

Amazon founder Jeff Bezos may be donating $10 billion to aid the global climate fight, but the second richest man in the world acknowledged that it will take much more to slow down global warming. 

When asked by ABC News' Maggie Rulli whether $10 billion will "make a dent in climate change," Bezos replied, "It’ll take trillions of dollars to make a dent in climate change."

"And it’s gonna take nation states, it’s gonna take companies, and it’ll take NGOs and nonprofits as well," Bezos said. "What philanthropic dollars can do is move very quickly. There’s things we can do."

Amazon founder Jeff Bezos tells ABC News' Maggie Rulli that it will "take trillions" of dollars to fund the climate fight while in Glasgow for the COP26 conference.
ABC News

In February 2020, Bezos announced his $10 billion pledge to climate change but updated that commitment in March to say he would spend the $10 billion by 2030. 

-ABC News’ Stephanie Ebbs, Bruno Roeber and Maggie Rulli

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