New draft retains call for reduced fossil fuel subsidies; poor nations seek funds to tackle climate change

UN climate talks ended with a deal that for the first time targeted fossil fuels as the key driver of global warming, even as coal-reliant countries, led by India, lobbed last-minute objections. While the agreement won applause for keeping alive the hope of capping global warming at 1.5 degrees Celsius, many of the nearly 200 national delegations wished they’d come away with more. The negotiators at the COP26 summit here recognised India’s intervention for the world to “phase down” rather than “phase out” fossil fuels. After a huddle between the envoys from India, China, the United States and European Union, the clause was hurriedly amended to ask countries to “phase down” their coal use.
“It is so decided,” said Alok Sharma, the president of COP26, as he declared the new pact with a stroke of his gavel after marathon talks which began earlier this month and concluded with an extra time plenary on Saturday. “I hope we can leave this conference united, having delivered something significant for people and the planet together as one.” Several countries criticised the change on fossil fuels promoted by India, even as Union Environment Minister Bhupender Yadav asked the Glasgow climate summit how one could expect developing nations to make promises about “phasing out” coal and fossil fuel subsidies when they have still to deal with their development agendas and poverty eradication.
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