
There has been little progress so far on the most important issues of the world climate conference: the negotiations on the "Paris Rulebook", the design of global emissions trading, and transparency mechanisms. Even some of the success stories from the first week of the COP26 turn out to be unreliable at a second glance.
By Lukas Knigge
With the Glasgow Financial Alliance for Net Zero (GFANZ), private banks, insurers, and investors committed on Wednesday to put limiting climate change at the heart of their work. The firms manage a combined sum of around $130 trillion. However, the effectiveness of the project remains to be seen.
By Lukas Knigge