Road to COP26: Three experts give their predictions

Expectations for the Glasgow summit

Randeep Somel of the M&G Climate Solutions fund, Fiona Frick of Unigestion and Chris Kaminker of Lombard Odier Investment Managers on what to expect at the summit in October.

Randeep Somel, manager of the M&G Climate Solutions fund  While setting emission targets for 2050 in accordance with the Paris climate deal is important, the key for COP26 will be the setting of intermediate targets for the next ten to15 years. This will add urgency to the longer term task. In recent months, the US has proposed targets to cut emissions by 50% for the year 2030 (from 2005 levels), and the EU commission has put forward ‘Fit for 55,' a 55% cut in emissions by 2030 (from 1990 levels). This includes a cut in methane emissions by 30% from the 2020 level by 2030. The key f...