Teresa Ribera: "At the Glasgow Climate Summit we put our trust in our capacity for action at stake"

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"What we are at stake in Glasgow is confidence in our capacity for action," said the Vice President and Minister for the Ecological Transition, Teresa Ribera, who is playing a crucial role in the final stretch of the COP26 negotiations, as "facilitator" of progress in adaptation to the impacts of climate change.

"We have to go beyond Paris and explain to people how we are going to be able

to achieve a maximum increase in temperatures of 1.5 degrees," Ribera added.

It is about putting actions and formulas on the table that allow us to really meet the objectives."

"The goal is to reach a point where we can say: measures are being taken to achieve this," stressed the vice president.

"That will be the final measure to know if there has really been an advance in Cop26. The opposite would be to admit that there is no way and that it is exasperating."

The difference between the 1.5 degrees and the two degrees is an "existential question" for vulnerable countries, whose momentum is being essential - in Ribera's opinion - to set the final "tone" of the compromise reached in Glasgow.

According to a report released on Tuesday by Climate Action Tracker, the short-term commitments made in Glasgow are insufficient and point to a scenario of a 2.4 degree increase in temperatures by the end of the century.

Ribera assured that the negotiations are progressing in "a positive environment" and with the hope of reaching a final compromise on Friday afternoon, as the president of COP26, Alok Sharma, has announced.

in rooms scattered by the Glasgow SEC swarm, while political leaders "facilitate" final engagements behind the scenes.

Despite all the difficulties, after the postponement of the summit for a year due to the pandemic and the crossroads of the British Government after Brexit, the Minister for Transition assured that the Glasgow conclave in 2021 was clearly necessary: ​​"No we could go another year without seeing each other. "

Advance in financing and adaptation

Ribera highlighted the agreements on carbon and deforestation as two of the most important advances of COP26, although he recognized the need to go further in the financing chapter and

On Monday it was announced that the commitments to the UN Adaptation Fund had doubled during the summit, reaching 232 million dollars, with the contribution of a long dozen countries.

"Spain is a pioneer in adaptation and we have announced here in Glasgow our commitment to increase the contribution", recalled Ribera, who embraced the President of the Government, Pedro Sánchez, in his speech on the opening day. "The contribution of the United States is very significant, since it is a fund created in Kyoto and to which they had not contributed until now. This is surely due to the visibility effort being made by the North American Administration."

Even so, Ribera recognizes the enormous resource gap in the face of the real needs of countries that have to face the risk of floods, hurricanes, droughts and heat waves. The Secretary General of the UN, António Guterres, has in fact proposed that half of the international financing of action against climate change (which aims to reach 100,000 million dollars annually between 2022 and 2023) be destined finally to adaptation efforts.

Guterres also wants to raise the bar of "credibility" in Glagow, and to achieve this he intends to appoint a group of experts who will clearly distinguish the truth of

or green washing.

The creation of an accounting and transparency mechanism for emissions is in fact a "pending issue" from Paris, as is the future of carbon markets.

In Glasgow, the president of Iberdrola, Ignacio Galán, also attended a meeting with the special envoy for the US climate, John Kerry.

They both appreciated the importance of the private sector in achieving climate goals and the need to lead the green transition, with the push for onshore and offshore wind power (through the British subsidiary Scottish Power).

On the other hand, the environmental organization Greenpeace has warned that the first draft of the commitment to be signed in Glasgow is hardly ambitious and omits the reference to the use of fossil fuels.

According to Greenpeace, the goal of a maximum temperature increase of 1.5 degrees will not be possible without "tangible measures to end the world's dependence on coal, oil and gas."

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