There are still divisions on the rules governing how global carbon markets will work, the UN climate body noted. Reuters/File
KUALA LUMPUR: The United Nations climate chief said on Thursday a “significant amount of work” remains to be done ahead of November’s COP26 summit in Britain, with developing nations warning issues of finance and vaccine inequity could derail a successful outcome.
At the end of three weeks of mid-year climate talks, held online due to the Covid-19 pandemic, Patricia Espinosa called on countries to overcome their differences and work together in the remaining months before the key COP26 negotiations in Glasgow.
Limited progress at virtual UN climate talks
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UN climate chief urges unity as scarce vaccines, finance cloud COP26 outlook
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UN climate talks wrap up after meagre progress
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BARCELONA (Thomson Reuters Foundation) - Governments must finalise rules for the Paris Agreement on climate change at November’s COP26 summit so the pact can be fully implemented and serve as the basis for a green recovery from the pandemic, the U.N. climate chief said on Monday.
As three weeks of virtual climate talks opened, Patricia Espinosa also called on rich nations to fulfil long-standing climate finance pledges to poorer, vulnerable nations in order to secure trust in the U.N.-led process.
“It’s time to wrap up outstanding negotiations and implement the Paris Agreement,” said Espinosa, noting that many nations have yet to submit stronger climate action plans that were due last year under the 2015 global accord.