WWF Annual Review 2021 - 35
CLIMATE ACTION SLOWLY GATHERS PACE
In a year of extreme weather events and stark
warnings from climate scientists, the UN COP26
climate summit showed that the world is looking
for leaders to speed up and scale up climate
action. The talks left a narrow window open to
avoid the worst impacts of climate change, as
fossil fuel subsidies and coal power took a muchneeded
hit. But, with the world still on track for
warming above 2°C, more urgent action is needed.
Alongside many governments, businesses and
civil society organizations, WWF is calling on
governments to set stronger targets for climate
action, finance the work needed to adapt and
build a safer future, prioritize nature-based
solutions for climate change, and halve emissions
by 2030. This year saw positive movements on:
A FOSSIL-FUEL-FREE WORLD
With the majority of the world's energy still
reliant on fossil fuels, COP26 offered muchneeded
recognition of the need to phase out
subsidies, ramp up investments in clean energy
and ensure a just transition, which WWF has
long been calling for. This year, China committed
to halt overseas finance for coal, one of the key
goals of our REpowering Asia initiative.
NATURE'S ROLE AS CLIMATE HERO
Although nature-based solutions were cut from
the final text, nature truly arrived at COP26.
Recent WWF analysis showed that nature-based
solutions are a growing part of countries' climate
action plans - this must continue to increase,
alongside transformation of our energy system.
WHOLE-OF-SOCIETY ACTION
Progress included the Science Based Targets
initiative (SBTi), of which WWF is a founding
partner, launching a world-first net-zero
corporate standard that offers a credible
assessment of climate action by business; a record
1,100 companies committing through SBTi to
1.5°C-aligned targets; and WWF's Alliances for
Climate Action receiving formal endorsement
by the UN's High-Level Champions at COP26,
and influencing the climate pledges
of Argentina, Japan, South Africa,
the USA and Viet Nam.
Marching for
climate action
during the COP26
summit.
35
© Tommy Ga-Ken Wan / WWF-UK
https://wwf.panda.org/wwf_news/press_releases/?4248391/NDCsreport
https://sciencebasedtargets.org/net-zero
https://sciencebasedtargets.org/net-zero
https://sciencebasedtargets.org/business-ambition-for-1-5c/
https://www.alliancesforclimateaction.org/
https://www.alliancesforclimateaction.org/
WWF Annual Review 2021
Table of Contents for the Digital Edition of WWF Annual Review 2021
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WWF Annual Review 2021 - Cover4
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