COP26: The new draft of the agreement aims to close persistent divisions

Among the first to react to the latest draft of the text was Tracy Carty, head of the Oxfam delegation at COP26, who said it was not good enough and further negotiations would be needed. “Here in Glasgow, the poorest countries in the world are in danger of being lost from sight, but the next few hours can and must change the course we are on.” We need the strongest possible outcome to ensure governments come back next year with reinforced emissions reduction targets that will keep 1.5 degrees alive. And decisive progress in finance to help countries adapt and for the loss and damage suffered. It is a matter of deep concern that the developing countries’ proposal for a financing mechanism for loss and damage has not been included in this new draft. “

Reference-www.bbc.co.uk

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