COP26 is off to a good start, with money flowing in
COP26 president Alok Sharma expressed his joy at a promising start, looking at the developments in the early days of the first week of the UN climate crisis conference, which is currently under way in Glasgow, Scotland, until Friday next week.
Wednesday was finance day at COP26, where finance ministers, international finance institutions and the financial sector met to get the global funds for the climate crisis flowing. Sharma thinks all this was not bad for the first few days of COP26 and has expressed confidence that many things out of the convention currently underway will materialise.
“I want to be clear here – we are not deviating from the Paris agreement pledge, but we are an unapologetically high ambition presidency, and [on Wednesday] we saw the start of that with commitments from countries across the world to halt deforestation, curb methane emissions, and ensure that finances are flowing to cleaner and more resilient infrastructure,” he said.Countries are setting the tone on ambition and now the finance needs to follow.
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