Arab Press

بالشعب و للشعب
Wednesday, Feb 25, 2026

COP26 Deal Clinched As Nations Rally To Compromise

COP26 Deal Clinched As Nations Rally To Compromise

Rich countries stood accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states that are at risk of drought, rising seas, fire and storms.

Nearly 200 nations came together Saturday on a global deal to combat climate change after two weeks of painful negotiation, but fell short of what science says is needed to contain dangerous temperature rises.

Rich countries stood accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states that are at risk of drought, rising seas, fire and storms.

Britain's COP26 president Alok Sharma rounded up the marathon negotiations telling delegates: "It is now decision time. And the choices you are set to make are vitally important."

But there was last-gasp drama as China and India insisted that language on fossil fuels be weakened in the final summit decision text.

As the final deal was clinched, a tearful Sharma said "I apologise for the way this process has unfolded. I am deeply sorry," before banging down his gavel.

Delegates entered the talks charged with keeping the 2015 Paris Agreement goal of limiting temperature rises to 1.5-2C degrees within reach.

They were also tasked with finding the funding for nations most at risk of climate-related droughts, floods and storms supercharged by rising seas.

Observers said the agreement fell far short of what is needed to avert dangerous warming and help countries adapt or recoup damages from the disasters already unfurling globally.

Laurence Tubiana, the architect of the Paris deal, told AFP that "COP has failed to provide immediate assistance for people suffering now."

Sharma earlier told delegates in the final throes of marathon talks that they faced a "moment of truth for our planet, for our children and our grandchildren".

 Survival


The final text urged nations to accelerate efforts to "phase down" unfiltered coal and "phase out" inefficient fossil fuel subsidies.

Large emitters China and India had opposed the mention of the polluting fuels, and the language in the final text was significantly more nuanced than earlier drafts.

The deal also called on all countries to accelerate their emissions cuts by submitting new national plans by 2022, three years earlier than agreed in Paris.

But after resistance from rich nations led by the United States and EU, the text omitted any reference to a specific finance facility for the loss and damage climate change has already caused in the developing world.

It instead only promised future "dialogue" on the subject.

"For some loss and damage may be the beginning of conversation and dialogue," said Shauna Aminath, the Maldives environment minister. "But for us this is a matter of survival."

Although host Britain said it wanted COP26 to keep the 1.5C temperature cap in reach, a UN scientific assessment last week said countries' latest climate plans put Earth on course to heat 2.7C.

The text noted "with deep regret" that wealthy nations had also failed to stump up a separate annual sum of $100 billion they promised over a decade ago. It urged countries to pay up "urgently and through 2025".

It also promised to double finance to help developing countries adapt to rising temperatures by the same date.

 1.5C on life support


But developing nations said it was unfair for the summit to produce an unbalanced agreement heavily weighted toward "mitigation" -- how economies can ditch fossil fuels and reach net-zero emissions by 2050.

They wanted specific instruction on how they can meet the bill of decarbonising while also adapting to the natural disasters supercharged by global warming.

"We were told that COP26 was the last best chance to keep 1.5C alive but it's been placed on life support," Amanda Mukwashi, CEO of Christian Aid.

"Rich nations have kicked the can down the road and with it the promise of the urgent climate action people on the frontline of this crisis need."

The two weeks in Glasgow saw a number of high-profile announcements from world leaders, such as a commitment to slash methane emissions by 30 percent by 2030.

It also witnessed mass protests against what activists said was a dangerous lack of urgency.

Teresa Anderson, climate policy coordinator at ActionAid International, said COP26 was "an insult to the millions of people whose lives are being torn apart by the climate crisis."

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
USS Gerald R Ford Arrives in Souda, Crete
Saudi Sovereign Wealth Fund Unit Expands Push Into Global Private Credit
Saudi Arabia Eases Headquarters Rules to Attract More Foreign Firms
Saipem Secures Major Offshore Pipeline Contract in Saudi Arabia
Saudi Arabia’s Targeted Oil Export Cuts to the US Seen as Strategic Signal Amid Global Supply Glut
Nemetschek Arabia Signs Strategic MoU with Saudi Facility Management Association
Gulf Markets Close Mixed as Saudi Shares Slip on Budget Deficit Concerns
Saudi Arabia Posts Largest Quarterly Budget Deficit in Years Amid Weaker Oil Revenues and Higher Spending
U.S. Lawmaker Urges Safeguards on Saudi Civil Nuclear Deal as Trump Administration Advances Agreement
Saudi Arabia and Gulf Allies Rally Behind Kuwait in Escalating Maritime Border Dispute with Iraq
Universal Aviation Secures License to Operate and Manage New General Aviation Terminal in Dammam
Tucker Carlson’s Saudi Arabia Remarks Spark Debate Over Israel Stance
GCC Secretary-General Holds Talks with EU Ambassador in Riyadh
Gulf States’ AI Investment Drive Seen as Strategic Bet on Technology and U.S. Security Ties
African Union Commission Chair Meets Saudi Vice Foreign Minister to Deepen Strategic Cooperation
President El-Sisi Holds Strategic Talks with Saudi Crown Prince in Riyadh
Lucid Unveils Up to $12,000 Incentive for Air and Gravity Models in Saudi Arabia
Saudi Arabia Enters Global AI Partnership, Expanding Its Role in International Technology Governance
Saudi Arabia’s Landmark U.S. LNG Agreement Signals Major Strategic Shift
Saudi Arabia Accelerates Global Gaming Push with Billion-Dollar Deals and Expanded PIF Mandate
Saudi Arabia Reports $25.28 Billion Budget Deficit in Fourth Quarter of 2025
Alvarez & Marsal Tax Establishes Dedicated Pillar Two and Transfer Pricing Team in Saudi Arabia
United States Approves Over Fifteen Billion Dollars in Major Arms Sales to Israel and Saudi Arabia
Pre-Iftar Walks Gain Momentum as Ramadan Wellness Trend Spreads
Middle East Jackup Rig Fleet Contracts Further After Saudi Drilling Suspensions
Türkiye and Saudi Arabia Prepare to Sign Five Gigawatt Renewable Energy Deal at COP31
King Mohammed VI Congratulates Saudi Leadership on Founding Day, Reaffirming Strategic Ties
US Envoy Huckabee Clarifies Remarks on Israel After Expansionism Controversy
Saudi Arabia Introduces Limited Exceptions to Regional Headquarters Requirement for Foreign Firms
Saudi Arabia Joins Global Partnership on Artificial Intelligence, Elevating Its Role in Shaping AI Governance
Saudi Arabia and Arab States Mobilise Diplomatically After U.S. Envoy’s Israel Remarks
Cristiano Ronaldo Reaffirms His Commitment to Saudi Arabia Amid Transfer Speculation
Proposed US-Saudi Nuclear Deal Raises Questions Over Uranium Enrichment Provisions
Saudi Arabia Sends 81st Aid Flight to Gaza as Humanitarian Air Bridge Continues
Global Games Show Riyadh 2026 Positioned as Catalyst for Saudi Arabia’s Vision 2030
Saudi Arabia Eases Procurement Rules, Allowing Foreign Firms Greater Access to Government Contracts
Türkiye and Saudi Arabia Seal Two Billion Dollar Solar Energy Agreement
Saudi Crown Prince Reportedly Sends Letter to UAE Leader Over Yemen and Sudan Policies
Saudi Arabia Voices Concerns to UAE Over Sudan Conflict and Yemen Strategy
Saudi Arabia Joins Global Artificial Intelligence Alliance to Strengthen International Collaboration
Shura Island Positioned as Flagship of Saudi Arabia’s Ambitious Red Sea Tourism Drive
Saudi Arabia Rebukes Mike Huckabee Over Remarks in Tucker Carlson Interview
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Concerns Mount Over Potential Saudi Uranium Enrichment in Prospective US Nuclear Accord
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
Investability Emerges as the Defining Test of Saudi Arabia’s Next Market Phase
Saudi Arabia’s Packaging Market Accelerates as Sustainability and E-Commerce Drive Transformation
Saudi Arabia Unveils $32 Billion Push Into Theme Parks and Global Entertainment
Saudi Crude Exports to India Climb Sharply, Closing Gap With Russia
×