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

Business Green

Like the World Cup that kicked off within hours of the gavel coming down in Sharm El Sheikh, COPs provide a regular temperature check for global geopolitics. Those frustrations were further amplified by the Egyptian Presidency's management of the talks, which saw the timetable slip badly, even by COP standards.

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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 meeting was also set apart from previous COPs due to minimal activist presence around the Summit.

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Taking the positives from COP26

Business Green

From tackling deforestation to curbing methane emissions, the various multilateral commitments are focused on areas where they can have real impact. A precedent is being set with a new loss and damage framework taking shape and the first, albeit modest, funding packages being announced. But at the same time there has been progress.

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COP26 is over, now what? Here's what it could mean for business

Business Green

In November, I had the privilege to represent Schneider Electric at the UN's Conference of Parties (COP) on climate change in Glasgow. This COP was unlike the previous 25 iterations, in that it took place during a global pandemic. In reality, the current pledges align more closely to 2.7 Bottom Line for Business.

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

Business Green

Speaking at an event in Milan this month, Thunberg spoke for many when she alleged that COPs have delivered little more than a talking shop since the first Earth Summit in 1992. But analysts fear he is running out of time to deliver on his promises and may land in Glasgow with an underpowered domestic package. No one likes to say 1.5C