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.
Von Lukas Knigge
From the G20 summit in Rome at the weekend, the heads of state and government traveled straight on to Glasgow, where the 26th World Climate Conference got off to a flying start on Monday with the World Leaders Summit. Many were disappointed by the G20 final declaration, but there is also reason to hope.
Von Lukas Knigge
Vom G20-Gipfel in Rom am Wochenende reisten die Staats- und Regierungschefs direkt weiter nach Glasgow, wo am Montag mit dem World Leaders Summit die 26. Weltklimakonferenz erst richtig begonnen hat. Viele zeigten sich enttäuscht von der G20-Abschlusserklärung, doch es gibt auch Grund zur Hoffnung.
Von Lukas Knigge
Probably the most important goal of the World Climate Conference in Glasgow (COP26) is to reach an agreement on the implementation of Article 6 of the Paris Climate Agreement — the last part of the so-called "Paris Rulebook" that has not yet been fully negotiated. The aim is to create a global CO₂ certificate trading system. The framework conditions are likely to be the subject of intense wrangling.
Von Lukas Knigge
