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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.

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Will new global standard for corporate sustainability reporting corral wild west of ESG?

Corporate Knights

A breakthrough happened about 18 months ago at the COP26 climate summit in Glasgow when the IFRS Foundation agreed to form the ISSB and establish a single sustainability reporting framework. Created in 2000, the IFRS is a non-profit foundation that has become the global standard-setter for accounting principles.

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GFANZ to Direct Private Finance to Support NDCs – Carney

Chris Hall

Ex-BoE chief calls for “radical new approach” to mobilising investment in emerging and developed markets; also warns of stranded assets. Carney was speaking at the Net Zero Delivery Summit, organised by the City of London Corporation, in association with COP26 Presidency UK and GFANZ.

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Trends & Opportunities with Standardizing ESG Disclosures in Real Estate

3BL Media

At COP26, IFRS introduced a new International Sustainability Standards Board (ISSB) to develop a comprehensive global baseline of sustainability disclosure standards. The World Economic Forum launched the Measuring Stakeholder Capitalism Initiative seeking to accelerate convergence among the major ESG standard setters.

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The Glasgow Climate Pact for business: ambition, action and collaboration.

We Mean Business Coalition

For business, investments in fossil fuels are now far riskier because the market expects them to become stranded assets in the foreseeable future. As delegates head home, these are the key lessons that business leaders can take from Cop26. Nature came to Cop26 like never before. Their message to world leaders is loud.

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Creativity and Collaboration Vital to Finance Nature

Chris Hall

Convened at COP26, we have already worked to set industry-wide standards for engagements, and are using these, together with the fast-growing set of tools, data and roadmaps to use our best efforts to eliminate the deforestation in our portfolios by 2025.

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ICYMI, Governments and Regulators are Making the Running

Chris Hall

Even so, we were reminded how far the G20 nations are from meeting their COP26 commitment to keep 1.5°C Perhaps these outcomes should not be a surprise after BlackRock, the world’s largest asset manager, described many 2022 climate resolutions as “ prescriptive or constraining ”.