Thursday, May 23, 2024

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Leaders must commit to green finance at COP26 to avoid climate catastrophe

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Author: Christoph Nedopil Wang, Fudan University Greening finance will be front and centre at the 26th Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change this November in Glasgow. The main program features a finance day on 3 November, putting finance ahead of the other seven themed days. But there is a danger that leaders’ hopes for ‘mobilising finance’ in the fight against climate change are over-simplistic and over-optimistic. Leaders risk overpromising and underdelivering. To improve green finance as a powerful tool for reducing climate emissions and increasing climate change resilience in Asia and beyond,…

Source link : Leaders must commit to green finance at COP26 to avoid climate catastrophe by East Asia Forum

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