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Commodity AND Security

Chris Hall

Dr Bo Bai, Executive Chairman of MetaVerse Green Exchange, says regulation should reflect the duality of carbon credits to drive green finance growth. When global leaders gathered at COP26 last year, governments pledged ambitious 2030 emissions reduction targets to achieve net zero by 2050.

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ESG Explainer: China’s Climate Challenge

Chris Hall

This would put China within range of overachieving on its NDC non-fossil fuel targets, but it would be insufficient to meet the Paris Agreement 1.5C In November, People’s Bank of China (PBOC) announced it would provide financial institutions with low-cost loans to help firms cut carbon emissions. billion kilowatts by 2030.

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South American Finance Ministers Discuss Incentives and Mechanisms to Finance the Decarbonization of their Economies

Sustainable Development Network

As countries look to update their Nationally Determined Contributions (NDCs) ahead of COP26, leaders prepare to take stock of the progress made over the last 5 years and put forward new ambitious pathways. Key questions explored: How to promote the regional exchange of information regarding clean energy solutions?

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More Relief than Regret as Montreal Fails to Make it Mandatory

Chris Hall

The GBF’s Goal D, on implementation, contained an unambiguous commitment to aligning public and private financial flows to its overall objectives, with supporting language in the enabling targets, analogous to the Paris Agreement clauses that put climate change on the global agenda in 2015. “We Beyond climate.

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Take Five: Adapting to Reality

Chris Hall

The UK has delivered its account of the progress made under its COP26 presidency, but with only 26 countries having made good on the Glasgow commitment to resubmit nationally determined contributions before arriving in Sharm El Sheikh, evidence is inconclusive.