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World leaders meet in Glasgow for the COP26 climate summit - CNBC

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03:27 am: G-20 leaders pledge climate action with few concrete commitments

British Prime Minister Boris Johnson, French President Emmanuel Macron, German Chancellor Angela Merkel, and U.S. President Joe Biden, at the G-20 summit on October 30th, 2021 in Rome, Italy.

Stefan Rousseau | Pool | Getty Images

Leaders of the world's wealthiest countries met in Rome over the weekend, where they said they "agreed upon a shared vision to combat climate change" and were committed to "work collectively to achieve a successful COP26 in Glasgow."

But the G-20 nations — whose members account for more than 80% of global GDP — were accused by environmental groups of failing to take tangible action on limiting global warming. "I leave Rome with my hopes unfulfilled — but at least they are not buried," António Guterres, U.N. secretary-general said on Twitter.

G-20 members include Australia, Saudi Arabia, the EU, the U.S., and the United Kingdom. U.S. President Joe Biden said during the summit that fellow members China and Russia "basically didn't show up" when it came to tackling climate issues.

— Chloe Taylor

02:55 am: Britain’s Johnson says COP26 ‘cannot let future generations down’

Taking to Twitter, U.K. Prime Minister Boris Johnson argues world leaders will be remembered for what they achieve — or fail to achieve — at the COP26 summit.

— Chloe Taylor

02:42 am: What is COP26?

In 1992, more than 150 countries signed the United Nations Framework Convention on Climate Change (UNFCCC).

Every year, delegations from countries signed to the convention gather for the Conference of the Parties, known as COP.

The first COP was held in Berlin in 1995. More than 25 years later, the Scottish city of Glasgow is hosting COP26.

Watch the video below to find out what happens at COP and the role it plays in the fight against climate change. 

— Tom Chitty

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