Do you know your GFANZ from your ISSB from your PPCA? Welcome to COP26!
With truly global initiatives to slash the rate of planetary warming hard to come by, governments, companies and civil society groups are banding together in multiple smaller groups to try and accelerate change.
One official, speaking on condition of anonymity, described updating an announcement repeatedly overnight as more countries were persuaded to join one of the pledges. Others saw the barrage of new partnerships and initatives as evidence of greater engagement in an issue sorely neglected for decades. "We've never had as much corporate presence or commitment," U.S. climate envoy John Kerry said.of clubs for insurers, banks, asset managers and other sub-sectors of the finance industry.
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