COP26 Seals Breakthrough Climate Deal After Major Compromises (2)

Nov. 14, 2021, 12:26 AM UTC

Negotiators from almost 200 countries clinched a deal that seeks to keep the most ambitious goal of the Paris Agreement alive, breaking new ground in the fight against climate change but punting the hardest decisions into the future.

After two weeks of often fraught United Nations COP26 talks, delegates agreed to reduce the use of coal, end “inefficient” fossil-fuel subsidies and boost their climate targets sooner. The Glasgow Climate Pact puts the world, barely, on a path to limit the rise in global temperatures to 1.5 degrees Celsius from pre-industrial times — the stretch goal of the Paris Agreement and ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.