Outlook and Challenges for Climate Change Policies

摘要

1. COP26, which was to be held in Glasgow, UK in 2020, was rescheduled to November 2021 due to the spread of Covid-19. The points of focus heading toward COP26 are the discussions on the guidance on cooperative approaches that involve the use of internationally transferred mitigation outcomes (ITMOs) referred to in Article 6, paragraph 2, of the Paris Agreement, and the rules, modalities and procedures for the mechanism for mitigation activities established by Article 6, paragraph 4, of the Agreement. The EU has updated its 2030 greenhouse gas (GHG) reduction target from 40% to 55%. China plans to update its target by the end of 2020, and the US aims to communicate its 2030 target in time for COP26. The details of these targets and the timing of their submission deserve attention.