COP26 Non-Paper: Presidency Summary of Possible Elements Identified by Parties

Over the weekend, with early negotiations complete, the summit’s organisers released an outline of what they hope will be achieved by the end of the conference.

• This includes rules for an international carbon market, a framework for “loss-and-damage” financing (reparations for the countries already suffering economically from climate change) and a system to check whether countries are living up to their climate goals.

• All are issues that several successive COP summits have failed to resolve. Any advances should be celebrated, but expect the final document to embody only slow progress.

Source: https://unfccc.int/sites/default/files/resource/Non-paper%20on%20possible%20elements.pdf