Key deals and discussions at COP26
The first major deal at COP26 was to end and reverse forest loss and land degradation by 2030. Thousands of other details were mulled over at COP26, and we couldn’t possibly mention them all here. So, here's a summary of 5 key announcements you need to know about:
1. Race to Zero
1,049 cities and local governments have joined Race to Zero. This is a global campaign to rally support from leaders, businesses, cities, regions, and investors for a healthy and resilient zero-carbon recovery plan that knocks out future threats, creates decent jobs, and unlocks inclusive and sustainable growth. The hope is that more projects will start with net zero at their core instead of designs having to be reshaped at a later stage to meet a carbon zero initiative.
2. Clean Construction Action Coalition (CCAC)
Inaugurated at COP26, CCAC includes 11 companies from the architecture, engineering, and construction (AEC) industry and five cities from the C40 network: Budapest, Los Angeles, Oslo, Mexico City, and San Francisco. The coalition aims to bring together expertise and solutions from different areas of the construction value chain to help realize the C40’s pledge of halving emissions from the global built environment sector by 2030 to limit global warming to 1.5 degrees.
3. Phase down of coal power
There were high hopes that nations at COP26 would agree to the phase-out of coal power. The decision landed in a phasedown of unabated coal power and the phase-out of fossil fuel subsidies to reduce environmental harm.
The implication for the building and construction sector could be vast. Coal supplies over a third of global electricity generation, and it plays a crucial role in the manufacture of steel, cement, and glass. It’s imperative that sustainable and cost-efficient alternatives to coal power are engineered to prevent material shortages and cost increases.
4. Reduction of non-carbon dioxide greenhouse gas emissions
There was a call for nations to take further action to reduce the emission of greenhouse gases like methane by 2030. Methane was intentionally mentioned as it has 80 times the warming power of carbon dioxide.
However, methane energy is commonly used to power engines and turbines as it produces more energy by mass than any other fossil fuel. So, if nations are to fulfill their mission of reducing methane emissions, a cleaner energy source has to be in place to power the factories that manufacture building supplies such as glass and steel.
5. Digitalization, innovation, and digital twins
Sustainable development through digital innovation was a major topic at COP26: cities, regions, built environments, and digital twin technology was mentioned numerous times. A digital twin is a virtual model that’s been accurately designed to reflect a physical object and is considered a "big driver" for net-zero cities.