COP26: A net zero sum game?

What the future may hold

It is easier to critique the past from the future. So if we fast forward ten years, how will we judge COP26 which signalled a number of key changes?

Already Glasgow seemed a necessary moment to convert the hopes of Paris. Importantly, for the first time finance was fully present, ready and willing to step up at COP and, also for the first time, governments conceded they needed finance to meet the cost.  The effective neutralising of new carbon emission was the goal of major pledges including a 12th hour climate pact to keep the 1.5°C Paris scenario alive, with soft agreements between US and China on climate change and deforestation and alignment of $130trn of private finance to science-based net zero targets via the Glasgow Financial...