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The thinking, and the people who created this problem in historic seats of power, are not the thinking and the people who are going to solve this problem," noted activist Clover Hogan during The Body Shop's initial meeting at COP. That would be my first provocation. We need to sit in a transformative place. Welcome to the boardroom.
So I don't think it's as easy as saying it's going to be harder or easier, but I am very, very clear that there are some very problematic risks to achieving net zero and the Paris goals if we take the wrong response to the recovery, as we did in 2009.". Building back better. The 'strategic clarity' of net zero.
The new funding package for the 2020 to 2025 period does mark an increase on previous levels of climate finance, but the failure to meet the 2020 deadline was still widely interpreted as a major blow to the long-running international climate negotiations that are set to resume at next week's COP26 Climate Summit in Glasgow.
Business and policy leaders reflect on the major wins from the Glasgow Summit, what needs to happen next, and why COPs could look and feel difficult from now on. goal established by the Paris Agreement, after all, and developed nations failed to meet their $100bn climate target - set in 2009 for 2020 - ahead of the conference.
It's the first time that both conventions have had 'super-summits' in the same year, with China due to host the CBD in October and the UK the climate COP in November. And so, perhaps, will the Glasgow COP. See where I'm going with this? That's right. The wording is very explicit: these things should happen 'by 2020', not 'by COP26'.
Given this is an evolving situation we are keeping the situation under careful review and are in frequent contact with the UN, Chile (as current COP president) and other partners.". "We continue to work towards hosting the event in Glasgow in November, which is eight months away," she said.
📦 Vytal , a Köln, Germany-based reusable packaging-as-a-service provider, raised $16m in Growth funding from Inven Capital, Chi Impact Capital, Emerald Technology Ventures, Grazia Equity, Kiko Ventures, and other investors. This deep-sea sponge can soak up oil from oil spills.
President Joe Biden said he would double US climate finance for developing nations, to $11.4bn a year, a salve after rich nations have lagged a 2009 pledge of $100bn a year by 2020. But analysts fear he is running out of time to deliver on his promises and may land in Glasgow with an underpowered domestic package.
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