article thumbnail

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?

COP26 130
article thumbnail

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.

COP26 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?

Academics 291
article thumbnail

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.

article thumbnail

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.

COP26 100
article thumbnail

EM Adaptation Gap High on COP28 Agenda

Chris Hall

COP28 in Dubai will explore climate adaptation investment opportunities for public-private partnerships in emerging markets and developing economies (EMDEs), according to COP27’s UN Climate Change High-Level Champion. “COP26 highlighted the importance of businesses and the private sector to [international climate progress] with the launch of coalitions (..)

article thumbnail

Sustainalytics Founder Michael Jantzi, SASB Chair Jeffrey Hales Appointed to ISSB

ESG Today

Launched in November 2021 at the COP26 climate conference, the ISSB aims to develop IFRS Sustainability Disclosure Standards, in order to provide a global baseline of disclosure requirements that can be used by jurisdictions on a standalone basis or incorporated into broader reporting frameworks. I’m thrilled to have them on board.”.

COP26 77