The latest draft agreement, which is broadly similar to one released on Friday, will be discussed on Saturday at the U.N. summit in Glasgow. For it to pass, delegates from roughly 200 countries will have to approve every word. As international climate talks in Glasgow dragged into deep overtime, organizers released a new draft agreement on Saturday morning that they hope could be the basis for a new global deal to tackle climate change. The latest draft calls on nations to return next year with stronger pledges to cut planet-warming emissions in this decade. Recognizing that countries are not doing enough to prevent a significant rise in temperatures, it urges wealthy nations to “at least double” by 2025 the financial aid that they provide to developing countries to help adapt to heat waves, floods, droughts, and wildfires. The latest draft retains language calling on countries to accelerate efforts “towards the phaseout of unabated coal power and inefficient fossil fuel subsidies, recognizing the need for support towards a just transition.” That does not mean all of the haggling is over, however.
By Brad Plumer and Lisa Friedman. New York Times. November 13, 2021.
Read article here:
