Leaders of seven of the world’s wealthiest countries met in the U.K. over the weekend, where they agreed to a target of net-zero by 2050, and to halve their collective emissions by 2030. Despite those bright spots, no one announced a timeline to phase out domestic coal use. Canada and Germany announced climate finance commitments for developing countries, but all told, that funding still falls short of the $100 billion annual goal. Read a statement from WRI’s Lorena Gonzalez, senior associate for UN Climate Finance.