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COP26 President Alok Sharma: 'Our choices will make or break the zero-carbon economy'

Business Green

In my first fortnight as COP President, I have been listening to those who have done this before. ??Meeting Meeting people like Paris COP President Laurent Fabius, UN Deputy Secretary-General Amina Mohammed and Patricia Espinosa from the UNFCCC. ??And, And we are getting ready for it.??. The first Green Simba bond.

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'Climate action is finally coming home on African soil': COP27 closes with historic deal on climate Loss and Damage

Business Green

Mohamed Adow, director of think tank Power Shift Africa said the achievement came after three decades of appeals for help from climate impacted nations. "To This COP caused deep frustrations but it wasn't for nothing," she said. "It The agreement was hailed by activists and developing countries as a major breakthrough.

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From finance appeals to net zero target rules: All the latest from COP27

Business Green

The appeals underscored how for many nations, the success of the Sharm El Sheikh Summit depends on its ability to deliver real progress towards the launch of a dedicated funding mechanism for Loss and Damage, after the contentious issue made it on to a COP agenda for the first time this year.

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COP27: 10 things businesses have learnt from the Sharm El Sheikh Summit

Business Green

It was, as ever a highly eventful fortnight, characterised by shifting politics, surging levels of green investment, and escalating fears the climate impacts could be approaching catastrophic 'tipping points'. Once an idea enters the vernacular at COP Summits the chance of it being eventually adopted increases dramatically.

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COP27: EU and Turkey enhance 2030 goals, as climate negotiations edge forward

Business Green

The first full negotiating texts are still not expected until later this evening, or potentially even tomorrow, according to Egypt's COP Presidency. But we are hoping that everyone will rise to the occasion by the end of COP, and realise that while the national interest is very important, something greater than that is at stake.

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Taking the positives from COP26

Business Green

A precedent is being set with a new loss and damage framework taking shape and the first, albeit modest, funding packages being announced. trajectory. But at the same time there has been progress. It looks as if adaptation funding will be doubled and will be better channelled to the countries that need it.

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COP26 postponed: The reaction

Business Green

Italian Minister for the Environment, Land and Sea Protection, Sergio Costa: "Whilst we have decided to postpone COP26, including the Pre-COP and ‘Youth for the Climate' event, we remain fully committed to meeting the challenge of climate change. Tackling climate change requires strong, global and ambitious action.