<p>COP26 marked the transition of the historic Paris Agreement from rulemaking to implementation. Significant outcomes were achieved during the delayed event, from agreeing to stronger 2030 emissions reduction targets, concluding the rulebook for Article 6, scale-up of finance to least developed countries (LDCs), collective commitments to curb methane emissions, reverse forest loss, accelerate the phase-down of coal, and end international financing for fossil fuels.</p>

<p>However, financial support for adaptation and loss and damage saw lesser action. What will be the impact of COP26? Will new commitments be enough to keep the 1.5&deg;C target achievable? What work remains in the run-up to COP27 and COP28? And what do the outcomes mean for future oil and gas production?</p>
