Two-weeks of negotiations in November 2015 led to the Paris Agreement. The culmination of 20 years of discussions, concessions and compromises. Is the Paris Agreement an important document to the hospitality industry? Without a doubt. Science-based targets driving the industry decarbonisation efforts are based on the 2°c (1.5°c) threshold as per the agreement.

COP26 in Glasgow will see countries submitting new or updated targets which is an integral component of the Agreement. A good time to take stock of how much (or little) has been achieved since 2015. Despite the pandemic, the International Energy Agency predicts that emissions are on course to surge, reversing the 2020 decline (-5.8%) due to the pandemic [1, 2]. No wonder many are asking: when are we going to get it right? [3].

It is with desperation that reports [4, 5] are published indicating that some large, global corporations with proclaimed climate commitment, are actively impeding stricter legislations (on fuel, carbon etc.) through lobbying. Regulation is a core component (as many argued and discussed here a few months ago: Sustainability-driven legislation: setting the right conditions for hospitality?) to ensuring a level-playing field as it is sending a decisive message that climate emergency must be dealt with, with all tools we have available.

For hotel development and operations, it is a mixed bag which can actually lead to new opportunities. In the bag are the regulatory and transition risks for inefficient assets, imminent carbon market systems for buildings, a decreasing costs of capital for sustainability-driven investment and access to cheaper technologies (e.g. market for photovoltaic).

So from your stance, experience and position, why is COP26 important? Why should our industry care? There has been talk also in this panel (see The (Green) Recovery Imperative: Hospitality Re-Set Or Bouncing Forward?) about post-COVID-19 green recovery. Is this happening and can COP26 foster this somehow?

Jonathon Day
Jonathon Day
Associate Professor and Graduate Program Director School of Hospitality and Tourism Management

Cop26 is critically important – but it shouldn't be.

Cop26 is a watershed moment and critical to our future for two important reasons:

1. It is an opportunity to share the latest research on the climate crisis broadly. The IPCC has already released elements of its latest reports. Organizations around the world are releasing reports on the projected impacts of climate change on all aspects of life. In the US we've had government reports on impacts on health, security, food production. Businesses and business organizations are reporting on the anticipated impacts on the economy. None of this news is good – but forewarned should be forearmed.

2. It is a time to renew commitment. COP26 is an opportunity for nations to commit to the actions they will take to address this existential crisis. The event is catalyzing other organizations to make commitments as well. The tourism industry has developed the Glasgow Declaration – a commitment by businesses to act to mitigate climate change. A behavioral economist would call this call to action a “commitment device” knowing that a public commitment to action often helps ensure that promised action actually takes place.

The problem is that Cop26 shouldn't be all that important.

While we will get much new information in the coming weeks, it has been clear for a long time that achieving greenhouse Gas reductions that ensure warming is below 1.5°C is extremely ambitious given the current effort. The new reports and research won't change the basic fact that action is necessary. 

And while a global commitment device to support action needed to survive the existential challenge of climate change is welcomed, greater effort should already be happening.

Finally – it is important that we - the tourism industry - don't get distracted by the marginal activities at the expense of the truly impactful. There is much we can do - and the Glasgow Declaration is an admirable and worthy initiative. BUT Tourism also needs to use all its influence to change the whole system in which we operate. We need to demand energy production transitions to renewables, that policies (research funding, incentives for commercialization, etc.) support electrification of transportation and development on non-GHG dependent aviation, and building construction regulations and practices reduce GHG production. 

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