COP26 for The Rest of Us
Over the past two days, more than 100 world leaders have gathered in a small town in England with a population of only 630 thousand people — less than half of the population of Depok City, what for?
Here’s the summary of what they want to agree on, I’ll keep it simple for us to understand — and anticipate what the odds are for us.
The first is to agree on a net-zero target by the middle of this century, so that the earth’s temperature does not rise above 1.5 C from the pre-industrial era. To achieve this target the world must accelerate the reduction of coal use, stop deforestation, switch to electric vehicles and encourage investment in renewables.
The second goal is to protect people and natural habitats. For this, it is necessary to maintain and restore ecosystems, and build defenses, early warnings and resilience so that there is no damage to property and loss of life as a result of the risks associated with climate change.
The third goal is that developed countries must fulfill their commitments for financing related to climate change which should have reached $100 billion per year since 2020 to the rest of the world.
The fourth goal, there must be cooperation from all countries and all parties so that the above goals are achieved.
So what are the opportunities for us? All efforts related to renewables, environmental improvement, prevention of natural damage etc. should be the next growth area and get support from all interested parties.
From the above four COP26 goals, it can now become clear how relevant what friends at Green Waqf and New Energy Asia are doing, who work day and night to be able to plant trees on critical lands in Indonesia, then process the fruit from these trees into raw materials. new and renewable fuels, as well as to replace fossil materials which are now used for various raw materials for the pharmaceutical, cosmetic, care and wellness industries in general.