COP26 draft deal treads fine line to spur climate action

Published by
Reuters

By Kate Abnett, Elizabeth Piper and Simon Jessop GLASGOW (Reuters) – A new draft agreement for the U.N. climate conference in Glasgow on Friday presses countries to be more ambitious in their plans to tackle global warming, while walking a fine line between the demands of developing and richer nations. While retaining its core demand for nations to set tougher climate pledges next year, the draft uses weaker language than an earlier text in asking countries to phase out fossil fuel subsidies. It also lacks detail on future payments from the rich countries that are primarily responsible for glo…

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