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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.

Carbon 84
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COP26 postponed: The reaction

Business Green

This is a chance for nations to recover better, to include the most vulnerable in those plans, and a chance to shape the 21st century economy in ways that are clean, green, healthy, just, safe and more resilient. Tackling climate change requires strong, global and ambitious action.

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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. Negotiations continue.

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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.

Soil 46
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COP27: 10 things businesses have learnt from the Sharm El Sheikh Summit

Business Green

Second, if governments are going to start to pay for Loss and Damage the case for bolstering climate resilience in the most vulnerable countries has become more compelling still. 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.

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Taking the positives from COP26

Business Green

All over the world not nearly enough is being done to enhance climate resilience, leaving communities and economies exposed. 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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Alok Sharma: We want to see all nations committing to reaching net zero emissions as soon as possible

Business Green

Other former COP Presidents, such as Laurent Fabius. COP26 can be a moment where the world comes together to ramp up momentum towards a climate-resilient, zero-carbon economy. At COP26, the world must seek to agree a package which takes forward the Paris Agreement and powers the UN climate process onwards.