Politics

Draft text published this morning requests countries update their NDCs next year and retains calls to tackle fossil fuels, but negotiations over climate finance and other areas still unresolved

BusinessGreen brings you the latest news, announcements, and reaction from the pivotal climate talks in Glasgow

COP26 has seen fossil fuels mentioned for the first time in a UNFCCC cover text and the launch of a pioneering alliance of governments committed to phasing out oil and gas production.

Tool aims to help policymakers assess whether companies and countries are winding down fossil fuel production in line with global climate goals

But insiders remain optimistic ambitious agreement can still be reached, as updated Climate Action Tracker analysis projects slight global CO2 reduction from recent global methane, coal, transport and forest pledges

The international agreement that comes out of COP26 will not be ambitious enough, but it could still drive the real world progress that will slash fossil fuel demand over the coming years

UK Prime Minister also calls on countries to 'move beyond coal and hydrocarbons' as UN climate talks enter crunch final stage

But crucial draft documents suggest negotiations on climate finance, carbon markets, and loss and damage are still a long way from being resolved

BusinessGreen brings you the latest news, announcements, and reaction from the pivotal climate talks in Glasgow