Author: Grace Liu ‘23
Welcome back to another Good News Friday! There’s been a lot happening in the climate sphere as the COP26 draws to a close. The snippets below highlight clean energy funding, carbon-neutral aviation goals, and indigenous forest conservation projects.
- Expansion of clean energy: World leaders, representing more than 35 countries and large firms, have pledged $400 billion to the expansion of clean and renewable energy. The commitments also aim to provide reliable energy to developing countries. The targets include cutting the number of people without access to electricity in half by 2025, achieving universal energy access by 2030, quickly transitioning to clean energy sources, and minimizing disparities in power access.
- US targets net-zero aviation by 2030: Transportation Secretary Pete Buttigieg stated during the COP26 climate talks that the US aims to have all air travel be carbon neutral by 2050. The goal was supported by an analysis by the Federal Aviation Administration (FAA). Given the fact that the aviation industry accounts for 2.5% of all CO2 emissions, this pledge could have significant implications for climate change mitigation.
- Indigenous forest conservation: During COP26, the Peoples Forest Partnership announced that the US aims to contribute $20 billion in funding by 2030 to support Indigenous community-driven forest conservation and restoration projects. According to the group’s estimates, this initiative could lead to a carbon emission reduction of at least 2 billion tons per year as well as protect approximately 500 million hectares of biodiverse tropical forests.
There were a lot of good news articles to choose from this week. Here’s to hoping these wonderful initiatives will be successful! Check back next week for more encouraging environmental news. If you’d like to share some Good News with us, please feel free to get in touch!