Road to COP26: Time for governments' words to be met with tangible actions

Urgent action to meet net zero

As world leaders prepare to gather in Glasgow for consequential climate change negotiations, investors believe the COP26 summit could turn a corner on climate change but warn that words must be met with tangible action if net zero is to be reached by 2050.

The aim of COP26 is to assemble almost every country in the world to iron out parameters for the Paris climate accord, the 2015 pact that seeks to maintain global warming below 2ºC. But, there is a lot more at stake in the 2021 summit taking place in November. Thorny issues include climate finance and global carbon markets. There is also the crucial question of whether the world can cut emissions fast enough to limit global warming. Among the tests of a successful summit, one stands out: accelerating pledges to reduce emissions made for the Paris conference six years ago. Scientists o...