Takeaways:
- At the end of COP26 the financial sector made a pledge to determine a clearer path to how decarbonization would take place.
- Organizations said that they would align their portfolios with science-based targets to achieve these goals
- Industries and countries that rely on carbon-intensive production will be forced to find efficient and cleaner energy options
- If these new pledges are achieved, it would cover 70% of the emissions reductions required to reach the IEA’s Sustainable Development Scenario by 2050. […]