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.
, 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.next year, in a bid to bridge the gap between their current plans to cut emissions this decade and the far deeper reductions scientists say are needed to stop global temperatures rising beyond 1.5C and becoming catastrophic.
The draft COP26 deal would also fund an organisation dedicated to helping vulnerable countries cope with "loss and damage" - the huge costs they have already incurred from climate change. But its request that countries "accelerate efforts towards" doing this appeared weaker than a previous draft, which had clearly asked countries to phase them out faster.
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