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Bond Investors Can Help Hold Companies Accountable Post COP26

3BL Media

DESCRIPTION: The United Nations Glasgow Climate Change Conference, also known as COP26, concluded in November with 200 nations signing the Glasgow Climate Pact (GCP), an agreement that could accelerate climate action and drive big carbon cuts. COP26 Reflects Increased Drive for Climate Action . SOURCE: AllianceBernstein. The problem?

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Is it time to scrap COP?

Corporate Knights

While the success or failure of COPs often boils down to the substance of final pledges agreed to by negotiators, some academics suggest that failures like the 2009 Copenhagen COP have led to successes like the 2015 Paris Agreement. Not in this text,” said COP26 chair Alok Sharma. Clear follow-through on the phasedown of coal?

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Burundi’s first solar farm increases country’s generating capacity by 10%

Renewable Energy World

Days before the United Nations COP26 climate summit is expected to, among other things, pressure world leaders to boost clean energy financing for developing countries , a multinational effort has brought the first-ever solar farm online in Burundi. Follow @EngelsAngle. Courtesy: Camco Clean Energy). billion in 2019.

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To Meet Net Zero, Prioritize ESG Laggards

3BL Media

DESCRIPTION: On the heels of COP26, investors are not only thinking about the climate-related risks of companies within their portfolios, but they are also considering whether to make new investments or maintain existing investments in high-emitting companies or countries going forward. SOURCE: Franklin Templeton. Avoiding Punitive Measures.

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Global $100 Billion Climate Finance Goal Expected to be Met in 2023: Report

ESG Today

The initial goal to mobilize $100 billion per year by 2020 to support climate action in developing countries was announced in 2009, and reaffirmed in 2015’s Paris Agreement, with an agreement to extend the goal through 2025. By 2020, however, annual climate finance mobilization had only reached $83 billion, according to OECD estimates.

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Microgrids bring first-time electricity access to 80,000 people in West Africa

Renewable Energy World

International financing for clean energy and climate change resiliency will be a focus of the United Nations COP26 climate summit in Glasgow, Scotland next month. Developed countries committed in 2009 to provide $100 billion annually in climate finance to developing countries by 2020. billion in 2019.

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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change. Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader.