Today’s Top of the COP: The Energy Transition
Energy day at COP: A rapid transformation of the global energy system is underway and accelerating.
Energy day at COP: A rapid transformation of the global energy system is underway and accelerating.
Tzeporah Berman, Chair of the Fossil Fuel Non-Proliferation Treaty Initiative, explains why “world leaders need to stop dancing around the harsh reality that fossil fuels are the main driver of the climate crisis and publicly endorse the need for a Fossil Fuel Non-Proliferation Treaty.”
Real economy leaders joined Heads of State on stage at COP26 yesterday to celebrate the centrality of business, finance, and civil society to deliver the promise of the Paris Agreement.
UN Race to Zero and the Glasgow Financial Alliance for Net Zero (GFANZ) – a net zero alliance responsible for more than $130 trillion in assets in 40 countries across the financial sector, today publishes its Net Zero Financing Roadmaps.
The race is on for private finance towards net-zero emissions by 2050 and new partnerships are set to drive exponential growth in resilience investments.
Commissioned by the UN High-Level Climate Action Champions, new research with support from Vivid Economics breaks down the numbers behind the where, who and how of the trillions of investments required to meet the net zero goal.
On energy day of COP26, we can announce that Race to Zero energy members have committed, in aggregate, to reach 750GW of installed renewable energy capacity by 2030. This is enough to provide power to 896 million people today.
Today, at COP26 in Glasgow, 42 countries launched the Breakthrough Agenda – a commitment to work together internationally this decade to accelerate the development and deployment of the clean technologies and sustainable solutions needed to meet our Paris Agreement goals, ensuring they are affordable and accessible for all.
Over 40 world leaders have backed and signed up to the new Breakthrough Agenda, representing more than 70% of the world’s economy and every region.
Regions, cities, investors, businesses and governments are stepping up to build resilience in the most at-risk communities and reverse biodiversity loss within the 2020s.
On the second day of COP26 real economy leaders join Heads of State to launch new partnerships that will catalyze finance and climate solutions in Africa and Small Island Developing States, and help half a billion farmers to implement regenerative farming practices this decade.
More than 30 leading financial institutions, collectively with over US$ 8.7 trillion in assets under management have committed to tackle agricultural commodity-driven deforestation as part of broader efforts to drive the global shift towards sustainable production and nature-based solutions.
The Africa Green Finance Coalition (AGFC) will help bring African countries together to pool resources, share learning and create a pathway for increased flows of green investment capital to the continent.
COP26 Finance is on November 3. See our COP26 Finance Day Guide events covering the UK Presidency Programme, Climate Action Zone Programme and Green Horizon Summit.
It’s time we stop focusing so much on the cascade of destruction that climate change may bring, and start talking about the cascading benefits, argues Chad Frischmann, Senior Director, Drawdown Solutions, Project Drawdown.
The financial industry is a critical enabler of efforts to decarbonize the global economy. Supported and underpinned by strong policy action, every company, bank, insurer, and investor will need to adjust their business models, develop credible plans for the transition to a net zero-carbon, climate resilient future, and then implement those plans.
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This year’s UN climate conference in Glasgow, Scotland, marks the 26th time since 1995 that world leaders have gathered to confront global warming. But the realization that industrial activity was causing climate change, and discussions about what to do about it, began much earlier.
Nonprofit art hub for sustainability, ReGenesis and the UN Climate Champions convened a group of artists, representing a range of disciplines, to open up the conversation on climate and help make it accessible to everyone.
On the first day of COP26, “Nature’s Baton”, the symbol of Relay4Nature, will be passed from Peter Thomson, UN Secretary-General’s Special Envoy for the Ocean, to Lord Zac Goldsmith, UK Minister for Pacific and the Environment.
If we are serious about achieving the dual goals of enhancing access to modern energy services and combating climate change in the long term, all stakeholders need to take decisive action. For lasting change, young people can be an important part of the solution, argues Sarah Hambly, Partnership and Communications Manager, Energy Saving Trust, co-Secretariat, Efficiency for Access.