Remove news china-signals-an-end-to-overseas-coal-funding
article thumbnail

'Cautious optimism': Hopes remain high for 1.5C focus as COP26 talks spill into weekend

Business Green

by the end of the century and arguably remain in line with the Paris Agreement target of keeping temperature increases 'well below' 2C. by the end of the century and arguably remain in line with the Paris Agreement target of keeping temperature increases 'well below' 2C. of warming by the end of the century. BIG NEWS ??

COP 67
article thumbnail

'The next few months are vital': Latest round of UN climate talks end in stalemate

Business Green

Continuing deadlock over carbon market rules and frustration over access to vaccines and missed climate funding pledges means pressure is mounting on diplomats ahead of COP26. As co-hosts of COP26 the UK remains broadly optimistic that the Glasgow Summit should deliver on many of its core goals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Waiting for Biden: Six things we learnt from the Climate Ambition Summit

Business Green

That over 75 world leaders and scores of top business executives joined the summit and came forward with new climate pledges was testament in itself to how the climate crisis has stayed at the top of the global agenda throughout this pandemic-ravaged year.

article thumbnail

Dividing lines, deadlocks, and milestones: Seven key takeaways from the IEA-COP26 Net Zero Summit

Business Green

Even so, the UK remains under significant pressure to orchestrate the diplomatic breakthroughs required to finalise the rulebook for the Paris Agreement and unlock a new wave of ambitious climate action, and Sharma's tone at the virtual IEA-COP26 meeting yesterday appeared to strike an increase in urgency towards the task at hand.

article thumbnail

Keeping 1.5C alive: Is COP26 on track to deliver on its goals?

Business Green

Global energy shortages and a recent spike in oil prices to a three-year high above $80 a barrel, have dimmed hopes that governments will announce bold new plans to rapidly ditch fossil fuels at the October 31st to November 12th summit. alive', despite widespread scepticism amongst environmental activists.