about two separate documents. when the president talked about cma, he is talking about the paris climate agreement, and some of the language in that document mirrors some of the language in the cop26 document, and thatis language in the cop26 document, and that is what he is putting three. so part of the revised deal has been agreed, they have suspended discussions, part of the cop26 discussion. —— what he is putting through. we discussion. -- what he is putting throu~h. ~ , . ., ., through. we expect them to go back to cop26. through. we expect them to go back to com. basically _ through. we expect them to go back to cop26. basically you _ through. we expect them to go back to cop26. basically you do - through. we expect them to go back to cop26. basically you do the - to cop26. basically you do the difficult bits at the plant, and as you were saying, basically they said, well, we have done that in the cop agreement, we will do the exact same in the paris agreement. there is lots of overlap between them, just a few things in the paris agreement text to amend... relating to the rules — agreement text to amend... relating to the rules and _ agreement text to amend... relating to the rules and transparency? - to the rules and transparency? timeframes?— to the rules and transparency? timeframes? also relating to the ulobal coal timeframes? also relating to the global goal on — timeframes? also relating to the global goal on adaptation, - timeframes? also relating to the l global goal on adaptation, specific to paris and we will be hearing more about it in a moment. it to paris and we will be hearing more about it in a moment.— about it in a moment. it would be remiss not _ about it in a moment. it would be remiss not to _ about it in a moment. it would be remiss not to talk _ about it in a moment. it would be remiss not to talk about - about it in a moment. it would be remiss not to talk about the - about it in a moment. it would be i remiss not to talk about the moment where alok sharma was forced to pause. he was clearly exhausted, poor chap, he has been at it for two weeks and overnight as well. he is exposed here, having to deal with india, one of the biggest voices in the room. , , ., ., the room. yes, he is exposed on a hue the room. yes, he is exposed on a huge world — the room. yes, he is exposed on a huge world stage, _ the room. yes, he is exposed on a huge world stage, because - the room. yes, he is exposed on a huge world stage, because it - the room. yes, he is exposed on a huge world stage, because it is . the room. yes, he is exposed on a| huge world stage, because it is not just the public watching him, but government delegates all around the world. his own colleagues in the british government watching him, because this is a massive set piece for britain. there is a bit of previous to this, going back 12—13 years, the secretary of the un climate convention actually did burst into tears on the stage, because he thought he had screwed up something pretty important. actually, he hadn't, and he got a lot of sympathy. but they are so tyred at this stage, talk about having the weight of the world on your shoulders. having the weight of the world on yourshoulders. it having the weight of the world on your shoulders.— having the weight of the world on your shoulders. it was a very, very late intervention _ your shoulders. it was a very, very late intervention by _ your shoulders. it was a very, very late intervention by india. - your shoulders. it was a very, very late intervention by india. the - late intervention by india. the language has been changed, as you can see on your screen from phase out coal to phase down, which i would imagine means lowering it rather than out the door. it is one word but it is a significant change in emphasis. {iii word but it is a significant change in emphasis-— word but it is a significant change inemhasis. , in emphasis. of course, because you can hase in emphasis. of course, because you can phase down _ in emphasis. of course, because you can phase down something - in emphasis. of course, because you can phase down something without l can phase down something without ever getting to zero. in practical terms, it doesn't matter that much, because the economics of coal are increasingly failing compared to the economics of wind and solar and batteries, and particularly by the time the intervention comes in from a number of prosperous western governments and the private sector, you could say it wouldn't matter that much. worth reminding ourselves of what the science says, which is that oecd countries should be out of coal by 2030 and everyone else by 2040. that could be compatible with achieving the 1.5 degrees goal. india has over1 billion people, and heavy subsidies forfuel india has over1 billion people, and heavy subsidies for fuel in some cities. highly reliant on some coal. but there has been talk around the edges of the plenary room that sometimes, when it comes to india, there is discussion because of the history of all this, of what they call carbon colonialism. you have burn more coal, you have got your economy going, and what the delegates said earlier was, we need some balance, we are still a developing country. completely ri . ht. developing country. completely rirht. if developing country. completely right- if you _ developing country. completely right. if you look _ developing country. completely right. if you look at _ developing country. completely right. if you look at the - developing country. completely. right. if you look at the historical emissions of various countries, you say it is overwhelmingly the countries of the west who had the industrial revolution, got rich by burning fossil fuels, and industrial revolution, got rich by burning fossilfuels, and of industrial revolution, got rich by burning fossil fuels, and of course countries like india say, hang on, we are entitled to the same development pathway. until 14 years ago, this was very much the stance of india and other developing countries. it has changed a lot because they are seeing climate impact? and they know they need to be part of the solution, and partly because the economics has changed so much, you no longer need to do this because it is cheapest. just much, you no longer need to do this because it is cheapest.— because it is cheapest. just about to brin: because it is cheapest. just about to bring the _ because it is cheapest. just about to bring the hammer— because it is cheapest. just about to bring the hammer down. - because it is cheapest. just about i to bring the hammer down. hearing because it is cheapest. just about - to bring the hammer down. hearing no objection, it is so decided. another section has gone through, the bit relating to loss and damage, appearing for the first time in a climate summit agreement, and that is why there is a round of applause in the room. delegates, i now invite the cma to consider_ delegates, i now invite the cma to consider sub—agenda item 12 b, rules, _ consider sub—agenda item 12 b, rules, modalities and procedures for the mechanism established by article six, paragraph four of the paris agreement. i invite the cma to adopt the draught decisions entitled rules, — the draught decisions entitled rules, modalities and procedures for them _ rules, modalities and procedures for them mechanism established by article _ them mechanism established by article six, paragraph four of the paris _ article six, paragraph four of the paris agreement contained in document fccc cma 2021, 19. hearing no objection, it is so decided. cheering and applause. relating to the paris agreement, article six, relating to the rules governing carbon markets. not all of that section is out of brackets, but some of it has been agreed. yes. that section is out of brackets, but some of it has been agreed. yes, and that is remarkable _ some of it has been agreed. yes, and that is remarkable progress. - some of it has been agreed. yes, and that is remarkable progress. six - that is remarkable progress. six years ago we had the paris agreement, so this is part of the paris rule book, the way in which countries can collaborate with each other in reducing emissions. so for example, country a can say, rather than us reducing our emissions, we are going to pay country b to do it for us. you want all kinds of safeguards in place there. if you pay for something to happen in another country, you want to make sure it doesn't harm people living there, for example planting a forest where people are farming land, for example. you want to make sure both countries can't claim the emissions reduction, because then you have a deleterious effect on the atmosphere rather than cutting carbon. article six is really complex, and there are people who literally spend every day here at cop trying to decipher what has gone on with this arcane bit of text. �* ., ., .,, ., , text. but it looks as though they are auoin text. but it looks as though they are going to _ text. but it looks as though they are going to get _ text. but it looks as though they are going to get all— text. but it looks as though they are going to get all the - text. but it looks as though they are going to get all the bits - are going to get all the bits through. a reminder that paris is a living and breathing document, and parts of it are still being negotiated six years on from when it was signed. negotiated six years on from when it was sinned. ,, ,,., negotiated six years on from when it was sinned. ,, , ,., ., was signed. support referred to in article 13 of _ was signed. support referred to in article 13 of the _ was signed. support referred to in article 13 of the paris _ was signed. support referred to in article 13 of the paris agreement. | article 13 of the paris agreement. this item — article 13 of the paris agreement. this item was considered, i thank the chair— this item was considered, i thank the chair of— this item was considered, i thank the chair of the sub—steer for his hard _ the chair of the sub—steer for his hard work— the chair of the sub—steer for his hard work on the meteorological issues _ hard work on the meteorological issues relating to the enhanced transparency framework, and for forwarding the recommendation to the cma, following which i undertook further _ cma, following which i undertook further consultations on this mallet _ further consultations on this mallet i_ further consultations on this matter. i note, given the adoption of article — matter. i note, given the adoption of article six, parties would retain information that is shaded in annex two and _ information that is shaded in annex two and delete table five in that annex — two and delete table five in that annex in— two and delete table five in that annex. in addition, the text in square — annex. in addition, the text in square brackets in annex four, six and seven, — square brackets in annex four, six and seven, in_ square brackets in annex four, six and seven, in document fccc p a, cma, _ and seven, in document fccc p a, cma, 2021— and seven, in document fccc p a, cma,2021l— and seven, in document fccc p a, cma, 2021 l 12 will be retained. i invite _ cma, 2021 l 12 will be retained. i invite the — cma, 2021 l 12 will be retained. i invite the cma to adopt the draught decisions _ invite the cma to adopt the draught decisions entitled guidance for opera — decisions entitled guidance for opera nation —— guidance for the enhanced — opera nation —— guidance for the enhanced transparency framework referred _ enhanced transparency framework referred to in article 13 of the paris — referred to in article 13 of the paris agreement contained in document fccc p a, cma 2021 l 12. may ' _ document fccc p a, cma 2021 l 12. may ' take _ document fccc p a, cma 2021 l 12. may ' take it _ document fccc p a, cma 2021 l 12. may i take it that the document is already— may i take it that the document is already revised is acceptable? hearing — already revised is acceptable? hearing no objection, it is so decided _ cheering and applause. i invite the cma to return to agenda sub-item _ i invite the cma to return to agenda sub—item three b, report of the subsidiary— sub—item three b, report of the subsidiary body for implementation. the matter of common timeframes for nationally— the matter of common timeframes for nationally determined contributions ones can— nationally determined contributions ones can -- — nationally determined contributions ones can —— was considered by the sn _ ones can —— was considered by the sn i_ ones can —— was considered by the sn ithank— ones can —— was considered by the sbi. i thank the chair for her hard work— sbi. i thank the chair for her hard work on _ sbi. i thank the chair for her hard work on the — sbi. i thank the chair for her hard work on the issue, and for forwarding the outcome of its work to the _ forwarding the outcome of its work to the cma, following which i undertook further consultations on this matter. i now invite the cma to adopt— this matter. i now invite the cma to adopt the _ this matter. i now invite the cma to adopt the draught decision entitled, common— adopt the draught decision entitled, common timeframes for nationally determined contributions referred to in article _ determined contributions referred to in article four, paragraph ten of the paris — in article four, paragraph ten of the paris agreement contained in document— the paris agreement contained in document fccc p a 2021 cma, l the paris agreement contained in document fccc p a 2021cma, l 12. heating _ document fccc p a 2021cma, l 12. heating “0 _ document fccc p a 2021cma, l 12. hearing no objection, it is so decided _ applause. dear delegates, please stay in your seats _ dear delegates, please stay in your seats as _ dear delegates, please stay in your seats as we will be convening the dolly— seats as we will be convening the dolly letter m p it immediately. the 12th meeting of the cma is i now declare _ 12th meeting of the cma is i now declare open the tent... —— cmp immediately. glasgow climate pact contained in document fccc k p, cmp 2021 l_ contained in document fccc k p, cmp 2021 l five _ contained in document fccc k p, cmp 2021 l five. hearing no objection, it is so— 2021 l five. hearing no objection, it is so decided. i invite the cmp to consider— it is so decided. i invite the cmp to consider agenda item five, matters — to consider agenda item five, matters relating to the clean development mechanism. parties may recall that _ development mechanism. parties may recall that a _ development mechanism. parties may recall that a contact group was established, co—chaired by the member— established, co—chaired by the member from established, co—chaired by the memberfrom ghana and established, co—chaired by the member from ghana and a member from japan _ member from ghana and a member from japan i_ member from ghana and a member from japan ithank— member from ghana and a member from japan. ithank them member from ghana and a member from japan. i thank them for their hard work _ japan. i thank them for their hard work i_ japan. i thank them for their hard work i now— japan. i thank them for their hard work. i now invite the cmp to adopt the draught — work. i now invite the cmp to adopt the draught decision entitled guidance relating to the clean development mechanism contained in document— development mechanism contained in document fccc k p, cmp 2021 l six. hearing _ document fccc k p, cmp 2021 l six. hearing no — document fccc k p, cmp 2021 l six. hearing no objection is, is so decided _ we will return... i see that ukraine has asked — we will return... i see that ukraine has asked for the floor. you we will return. .. i see that ukraine has asked for the floor.— has asked for the floor. you have the floor- — has asked for the floor. you have the floor. thank _ has asked for the floor. you have the floor. thank you _ has asked for the floor. you have the floor. thank you very - has asked for the floor. you have the floor. thank you very much. l the floor. thank you very much. excellence is, mr president, i make the statement on the heart of ukraine and kazakhstan. the transitional measures agreed in combination with the decisions on article of the paris agreement give a head start on some development countries and not others. —— on behalf of. we are deeply disappointed, and we don't know if the oversight was intentional or accidental. we believe all parties should have equal access to the instruments of article 6.4. in the spirit of compromise and consensus, we have accepted the text presented, and we call on all partners to address the disparity is created, whatever the reason for their existence. whatever the reason for their existence-— whatever the reason for their existence. ., ,, , ., ~ ., whatever the reason for their existence. ., ,, , ., ,, ., ., ,, existence. thank you. ukraine, thank ou for the existence. thank you. ukraine, thank you for the intervention _ existence. thank you. ukraine, thank you for the intervention and - existence. thank you. ukraine, thank you for the intervention and thank - you for the intervention and thank you for the intervention and thank you for— you for the intervention and thank you for your— you for the intervention and thank you for your consideration. colleagues, we will return to the election— colleagues, we will return to the election of the executive board at the closing of the cmp. i invite them _ the closing of the cmp. i invite them to— the closing of the cmp. i invite them to consider agenda item seven, matters _ them to consider agenda item seven, matters relating to the adaptation fund _ matters relating to the adaptation fund i_ matters relating to the adaptation fund. i invite the cmp to consider item _ fund. i invite the cmp to consider item seven— fund. i invite the cmp to consider item seven a, the report to the board _ item seven a, the report to the board for— item seven a, the report to the board for 2020 and 2021. at the first meeting, claudia keller from germany— first meeting, claudia keller from germany and the member from pakistan were co—chairs. thank you for your hard _ were co—chairs. thank you for your hard work — were co—chairs. thank you for your hard work i— were co—chairs. thank you for your hard work. i am pleased to report that the _ hard work. i am pleased to report that the group has produced a draught — that the group has produced a draught decision for adoption by the cw _ draught decision for adoption by the cw i_ draught decision for adoption by the cmp. i invite the cmp to adopt the draught _ cmp. i invite the cmp to adopt the draught decision entitled report of the adaptation fund board the 2020 and 2021— the adaptation fund board the 2020 and 2021 contained in document fccc k p, cmp_ and 2021 contained in document fccc k p, cmp 2021 l three. hearing and 2021 contained in document fccc k p, cmp 2021lthree. hearing no objection. — k p, cmp 2021lthree. hearing no objection. it— k p, cmp 2021lthree. hearing no objection, it is so decided. if k p, cmp 2021 lthree. hearing no objection, it is so decided.- objection, it is so decided. if you are “ust objection, it is so decided. if you are iustioining — objection, it is so decided. if you are just joining us, _ objection, it is so decided. if you arejust joining us, this - objection, it is so decided. if you arejust joining us, this is - objection, it is so decided. if you are just joining us, this is the - objection, it is so decided. if you| are just joining us, this is the end arejustjoining us, this is the end of the cop26 summit that you are watching, the formal agreement on the various texts that have been discussed and negotiated over the course of the last two weeks. some of it is very complex, and confusing, even to us who have been observing throughout. there are three texts that have been negotiated through the course of the week. one is cmp, talking about at the moment, relating to kyoto, a legal text, still being finalised and negotiated all these years on. cma relates to the paris agreement, there are still sections of that in brackets that need to be cleaned up, and they are doing part of that today. and then of course there is cop26, and what has been agreed in the two in glasgow, and alok sharma, piece by piece, bit by bit, it is formally accepting the bits that have been agreed. you watching bbc news. i have been agreed. you watching bbc news. ., , ' news. i now resume the 12th meeting of c m a3. news. i now resume the 12th meeting of c m as- i — news. i now resume the 12th meeting ofcmas- i now— news. i now resume the 12th meeting of c m a3. i now invite _ news. i now resume the 12th meeting of c m a3. i now invite the _ news. i now resume the 12th meeting of c m a3. | now invite the cma - news. i now resume the 12th meeting of c m a3. | now invite the cma to - of c m a3. i now invite the cma to consider— of c m a3. i now invite the cma to consider agenda item seven, warsaw international mechanism for the loss and damage associated with climate change _ and damage associated with climate change impacts. this item was referred — change impacts. this item was referred to the sbi for its consideration. i thank the chairs of the subsidy— consideration. i thank the chairs of the subsidy and the sbi for forwarding their recommendations after which i undertook further consultations on this matter. i now invite _ consultations on this matter. i now invite the _ consultations on this matter. i now invite the cma to