The 26th session of the Conference of Parties (COP26) to the United Nations Framework Convention on Climate Change concluded in Glasgow. It was hosted by United Kingdom in collaboration with Italy. The primary goal of COP26 was to establish the rules and processes for putting the Paris Agreement into effect. The majority of these rules were finalized by 2018, but a few elements remained unsettled, such as the one relating to the development of new carbon markets.
