Fossil fuel exploration should cease globally by 2030 and funding to rescue poor countries from the impacts of the climate crisis should reach $200bn (£165bn) to $400bn a year by the same date, according to proposals in a UN report before the next climate summit.

Countries were still “way off track” to meet the goals of the 2015 Paris climate agreement, the report found, and much more action would be needed to make it possible to limit global heating to 1.5C above preindustrial levels.

The UN’s synthesis report on the global stocktake, published on Wednesday, will form the basis for discussions at the Cop28 conference in Dubai, which begins at the end of November. 

Read more: theguardian.com

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