Abstract
In the recent 26th session of the Climate Change Conference of UNFCCC in Glasgow (known as COP 26), 197 member nations were united to gear up to an emergency mode with a bounty of meaningful actions for moving forward ambitiously towards a sustainable and low carbon pathway. After six long years of debates and deliberations since 2015, the key provisions of the ‘Paris Agreement Rulebook’ on the market mechanisms and transparency has been agreed upon in the COP 26. In this context, this article encapsulates the numerous pledges, initiatives and financial commitments taken up by the nations, corporates and different institutions to restrict the global temperature rise to 1.5℃ from the pre-industrial level. It also highlights the challenges in this way forward and discusses the roadmap taken up by India to combat the otherwise impending Armageddon.
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