COP26 signals accelerated zero carbon investment drive. Severe climate risks remain

colorful-1974699_640

Commitments made in advance and during COP26 have put keeping global warming to 1.5°C within reach, accelerating investment towards net zero emissions. Stronger policies and 2030 targets are still required to unlock the trillions of dollars required to avoid the worst impacts of climate change. 
 
“Global warming of above 1.5°C presents irreversible, foreseeable and large-scale risks to investors and financial markets,” Rebecca Mikula-Wright, Chief Executive Officer of the Asia Investor Group on Climate Change (AIGCC), said. “The commitments that have come out ahead and as part of Glasgow have been significant but global action is still falling short.

Continue reading