Karen Ward, chief market strategist EMEA, JP Morgan Asset Management, Eric Borremans, head of ESG at Pictet Asset Management, and Venetia Bell, head of strategy at GIB Asset Management and group chief sustainability officer highlight priorities for the upcoming summit.
Karen Ward, chief market strategist EMEA, JP Morgan Asset Management What will be achieved at COP26 ? First issue on the table is whether governments sign up to more ambitious targets. The UN climate change body, which has assessed the plans submitted so far, have said they would only bring greenhouse gas emissions down by 12% when a 45% reduction from 2010 levels is required by 2030 to meet the target of preventing warming in excess of 1.5°C. Reaching an international agreement will not be easy. The US are likely to point to China as the largest single CO2 producer, with ever rising e...
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