Countries approve climate pact at COP26
By Rachel Frazin - 11/13/21 02:57 PM EST
Countries formally reached a deal at the COP26 climate summit in Glasgow, Scotland, on Saturday, providing a punctuation mark on a two-week global conference that stretched into the weekend.
The agreement calls for countries to step up their ambitions on climate change by strengthening their 2030 climate targets by the end of next year. It specifically calls for global carbon dioxide emissions to be cut 45 percent by 2030 when compared to 2010 levels.
Developed countries also agreed to at least double their collective financing for assisting developing countries to adapt to climate-related harms by 2025.
For the first time, the agreement will include explicit mentions of coal and fossil fuels, but after objections from India and Iran, the language surrounding coal was weakened at the last minute.
India proposed an amendment changing language that had previously called for phasing out unabated coal rather than phasing it down that was ultimately added into the final language.
more
https://thehill.com/policy/energy-environment/581429-countries-approve-climate-pact-at-global-summit
