Climate finance to carbon: The hits and misses of COP26 talks in Glasgow

Specific agreements on forests, coal, and a $24 bn agreement to stop overseas fossil fuel finance can make significant strikes towards cutting emissions.

In the Glasgow Climate Pact at the 26th climate summit, developed countries agreed to double funding for climate adaptation but did not increase climate action finance from the $100 billion a year promised to developing countries in 2009, says an analysis by the GSCC Network of communications professionals in the field of climate, energy and nature.

Historical emitters have also not agreed to pay poor countries as remedy for the damages from extreme weather events caused by global heating.

The pact, announced on November 13, brings countries closer to keeping global temperature rise under 1.5°C by 2100, and has closed