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COP26 delegates agree on must ship on $100 bln local weather finance pledge – UK’s Sharma

MILAN, Oct 2 (Reuters) – Delegates heading to the COP26 U.N. local weather summit in Glasgow agreed they have to ship on the $100 billion per 12 months pledge to assist most susceptible nations sort out local weather change, COP26 president Alok Sharma stated on Saturday.

Speaking after days of conferences on the pre-COP26 local weather occasion in Italy, Sharma stated there was a consensus to do extra to maintain the 1.5 levels Celsius goal inside attain, including extra wanted to be carried out collectively by way of nationwide local weather plans.

The COP26 convention in Glasgow goals to safe extra bold local weather motion from the practically 200 international locations that signed the 2015 Paris Agreement to restrict world warming to nicely beneath 2.0 levels Celsius – and to 1.5 levels ideally – above pre-industrial ranges.

Reporting by Stephen Jewkes, enhancing by Agnieszka Flak

Britain's COP26 President Alok Sharma holds a news conference at the end of the pre-COP26 climate meeting in Milan, Italy, October 2, 2021. REUTERS/Guglielmo Mangiapane

Britain's COP26 President Alok Sharma holds a news conference at the end of the pre-COP26 climate meeting in Milan, Italy, October 2, 2021. REUTERS/Guglielmo Mangiapane

Britain's COP26 President Alok Sharma holds a news conference at the end of the pre-COP26 climate meeting in Milan, Italy, October 2, 2021. REUTERS/Guglielmo Mangiapane