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Countries urged to curb fossil fuels on COP26 final day

Countries urged to curb fossil fuels on COP26 final day

21 Sept 06:05 Key points summarised by AI
  • A draft statement from COP26 urged nations to accelerate the phaseout of unabated coal power and inefficient fossil fuel subsidies as talks concluded without securing necessary emissions cuts to limit global warming to 1.5C.
  • Despite initial high-profile commitments, negotiations stalled on critical issues including short-term emissions reduction plans, climate action reporting, and financial support for vulnerable nations.
  • Trust between developed and developing countries remained low due to unfulfilled pledges of $100 billion in annual climate finance, with developing nations demanding more funds for adaptation and 'loss and damage' compensation.
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Environment 1/1
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