In what would be a first for UN climate agreements, the draft resolution (UNFCCC) [PDF] for the twenty-sixth Conference of the Parties (COP26) calls on countries to phase out coal and subsidies for fossil fuels, though it doesn’t offer a deadline. In the coming days, delegates will finalize the statement, which also urges governments to
present new emissions-reduction goals by 2022 (WaPo) and calls for wealthy countries to boost funding for poorer countries to adapt to climate change. However, it does not mention establishing an international carbon market.
The draft comes as the watchdog Climate Action Tracker projects that the world will warm 2.4°C (BBC) with countries’ current commitments for 2030 under the Paris Agreement. Meanwhile, thirty governments
pledged to phase out sales (NYT) of new gasoline- and diesel-powered vehicles by 2040, and France announced it will begin
constructing nuclear reactors (Reuters) for the first time in decades.