Britain's President for COP26 Alok Sharma (2R) speaks with UNFCCC Executive Secretary Patricia Espinosa (3R) and other members of his team following an informal stocktaking session at the COP26 Climate Change Conference in Glasgow on November 12, 2021. (Photo: AFP)

A UN climate summit text on Saturday urged nations to accelerate the phase-out of unfiltered coal and "inefficient" fossil fuel subsidies.

The text, which comes after two weeks of frantic negotiations at the COP26 summit in Glasgow, omitted any reference to specific finance for "loss and damage" -- the mounting cost of heating so far -- which has been a key demand of poorer nations.