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With COP26 in overtime, latest draft deal keeps eye on climate ambition

The draft deals urged rich countries to double climate adaptation finance by 2025 from 2019 levels

Photo: Bloomberg
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Photo: Bloomberg

Reuters
A new draft agreement for the U.N. climate conference in Glasgow on Saturday maintained a core demand for countries to set more ambitious plans to tackle global warming and asked them to phase out inefficient subsidies for the fossil fuels heating the planet.

The draft proposal, drawn up by the COP26 conference's British hosts, needs approval from the nearly 200 countries represented, who will wrangle over the details on Saturday. COP26 had been supposed to finish on Friday.
 
The proposal retained its core demand for nations to set tougher climate pledges next year, in a bid to bridge the gap between

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