The United Nations climate agency has published a draft "COP cover decision" which is the subject of negotiations between all the parties involved. The final version of the document will be issued at the end of the COP26 summit on Friday.
The document, among other provisions:
The COP26 president, Alok Sharma, said that negotiators have a "mountain to climb" to come up with a deal sufficient to address the threat of climate change.
On Tuesday (9 November) the Climate Action Tracker (CAT) research group said that all the national emissions-cutting pledges submitted so far would allow the Earth's temperature to rise by at least 2.4°C from pre-industrial levels by 2100. Under the national climate pledges submitted to the United Nations so far, emissions will be 14% above 2010 levels by 2030.
So far the Conference had little success to drive meaningful action across all countries and campaigners called it a "greenwash festival". The executive director of Greenpeace, Jennifer Morgan, called the draft decision "an agreement that we'll cross our fingers and hope for the best. It's a polite request that countries maybe, possibly do more next year. It's not good enough."
Update
This document was updated on 12 November 2021, where some language in the draft was changed to slightly soften the tone of some requirements, however, the core points remain unchanged. One of the main changes includes a "request" instead of "urge" to revise nationally determined contributions (NDCs), which essentially are emissions-cutting targets, for all participating countries to limit global heating to 1.5°C.
This draft document will be still discussed on the last day of COP26 this Friday, with possibly more updates being made, before the final version of the document is published.
For more information on this subject, see: