Climate Action Q4 2021
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Embarking on the road to net zero
No one is exempt from the climate crisis. There is no government, business or community that is immune to the risks that our current economic model brings. It is often said that history is written by victors – either the winners of wars or those pioneering a revolutionary technology. The story of our current era will be...
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Five things you should know about the climate crisis
The climate crisis, poverty and inequality are the defining issues of our age. We must tackle them together to make progress on our mission of reducing poverty and boosting shared prosperity. 1 The climate crisis is a deeply unfair one: the poorest people in the world contribute the least to it, but they are hardest hit...
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What does a net zero financial services industry look like?
The net zero pledges announced at COP26 by countries and businesses mean that 90% of the world’s economy is covered according to the UK’s Prime Minister, triple the figure from when the UK was announced as COP President. While net zero commitments stand as one of COP’s key successes, the lack of clarity of whether these will...
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A circular economy is vital to achieve climate pledges
There were many signs of progress at COP26 from countries and non-state actors alike, but if we want to fix the climate, we have to fix the economy. The pledges made at COP26 to reduce global greenhouse gas emissions are critical milestones in the movement to tackle the climate crisis. However, greater ambition is still needed...
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Putting young people at the centre of climate decision making
The youth climate movement has become the face of global climate action. For the first time in the history of UN climate negotiations, the Pre-COP26 meetings hosted by Italy opened with an intergenerational roundtable between ministers and young climate leaders. Youth delegates from around the world presented the demands, asks and ambitions they had formulated...
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What do the COP26 targets mean for the business sector?
COP26 brought world leaders together to debate and agree the next phase of action to transition our world to a resilient, net zero carbon economy. Business must play its part if we are going to successfully avert climate catastrophe. A criticism levelled at COP26 was that it was a ‘corporate greenwash-fest’. Having been in Glasgow...
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