FT News Briefing COP26: a climate gathering like no other
Nov 1, 2021
COP26 is painted as a crucial climate summit with ambitions to finalize the global warming rules established by the Paris Agreement. The discourse heats up as commentators debate the efficacy of ESG investing—can it truly create change? Corporate responsibility is spotlighted, showcasing how consumer pressure drives sustainable practices. Factors such as major emitters' pledges and methane reduction strategies are examined, particularly highlighting the implications of China's absence from the gathering.
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COP26: A Pivotal Climate Summit
- COP26 in Glasgow is the biggest climate summit since the 2015 Paris Accord, with 25,000 attendees and 120 heads of state.
- It aims to finalize the rules of the Paris Agreement, addressing key details like emissions reporting and carbon offset trading.
COP26: Moment of Truth for Paris Agreement
- COP26 is a critical moment for the Paris Agreement, determining its effectiveness.
- It will determine if the agreement has enforceable rules, a level playing field, and the necessary impact.
COP26: A Stage for Climate Action
- COP26 is a significant political platform for independent climate action announcements.
- Expect announcements on methane emission cuts and corporate pledges related to electric vehicles.