The need to address the issue of climate change grows ever more urgent and emerging markets will need to be influential in this issue.
Many pledges were made following the two-week COP26 meeting in November. More than 100 countries, including Brazil and Russia, agreed to end deforestation by 2030. Another 80, led by the US and the EU, pledged to cut methane emissions by at least 30% by 2030 while over 40 countries made new commitments to phase out coal power, despite China, US, India and Australia holding back. These widespread commitments by most developed and some developing countries to net-zero emissions will drive a very substantial change in global energy use. Solar and wind power are set to play a more importa...
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