Explained: Important terms and issues from UNFCC's COP26 summit you need to know

The Paris accord set a target for limiting global warming but left it up to each country to submit its own emissions reduction targets, known as Nationally Determined Contributions. The U.N. climate summit, known as COP26 this year, brings officials from almost 200 countries to Glasgow to haggle over the best measures to combat global warming. NDCs The Paris accord set a target for limiting global warming but left it up to each country to submit its own emissions reduction targets, known as Nationally Determined Contributions. CLIMATE FINANCE Among the top issues at COP26 is the question of how poor countries will afford the expense of ditching cheap fossil fuels in favor of renewable energy while adapting to the inevitable effects of global warming already “baked into” the atmosphere.