I understand the impulse to condemn the proposed COP26 agreement as inadequate given the scale of the crisis, but it really is a lot better than its critics are claiming.
The Paris Agreement and the progress it unlocked has, in the space of six years, pulled temperature projections down from circa 3C+ to 2.4C. The Glasgow Climate Pact (assuming it is not torpedoed at the last) effectively validates and builds on the Paris Agreement.
It creates a moment every year when governments will face intense public and geopolitical pressure to strengthen their decarbonisation plans.
It provides the most unequivocal signal yet that the transition to clean technologies will accelerate, building on the myriad initiatives over the past fortnight to make those signals real.
It names the problem - coal and fossil fuels - and makes clear an end to carbon intensive energy sources is urgently needed.
It does increase climate finance and adaptation funding and tacitly accepts that a lot more needs to be done on both fronts, including loss and damage.
It might just bring an end to at least some of the interminable rows over 'rulebooks' and technicalities and allow the focus to shift to real world decarbonisation.
Of course, it is also still deeply flawed, underpowered, and littered with injustices. It does not go nearly far enough, especially on climate finance and the pace of decarbonisation.
It will continue to be undermined every day by narrow national short term interests that would happily watch the rest of the world burn.
But the text that is hopefully about to be agreed does provide the clearest signal yet that the vast majority of the world is serious about the grand project to deliver net zero emissions over the next three to four decades.
And as such it holds out the hope that the temperature curve that will determine the shape of this century and beyond can be curved further downwards - hope that was in danger of being extinguished.
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Was #COP26 a success or a failure is an absurdly simplistic question. It's a both/and. As @Bankfieldbecky has noted it depends on whether you are looking to relative or absolute metrics.
But it is indisputable progress. It does increase the chances of getting the world to net zero and 'well below' 2C, even if 1.5C remains an enormous stretch, and it starts to at least engage with questions of historic injustice.
It is also a genuine diplomatic success for @AlokSharma_RDG@archieyounguk@camillaborn and the COP26 team. It is hard to see how a stronger deal could have been delivered with the mandates country delegations had.
Just catching Sharma’s speech as I leave the site. He says the text is ‘clean’. Has a deal been done?
Sharma urges countries to come together. Acknowledges that delegations may now seek opportunity to leverage this moment to get more. He urges them not to, insisting the deal is ‘balanced’.
Sharma says ‘we will succeed or fail as one… the world is watching us, they are willing us to deliver a deal’.
Crucial lines on updating NDCs next year are still in. Enough to let Presidency say 1.5C is still just about alive?
Totemic lines on phasing out unabated coal and inefficient subsidies remains, but with crucial additional reference to support for a 'just transition'.
Good morning from day eleventy hundred in the Glasgow Climate Enormo-tent.
Just spoke to a few observers and other sources and the mood is still one of cautious optimism, apparently.
There have been no reports of big rows overnight, as yet, and the hope is that a broadly ambitious text can be steered through the final steps of the process and secure an agreement that would be a significant step forward for the global climate fight.