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COP26 - Day 3

November 3, 2021

A 12 day conference with diplomatic negotiations, a blue zone (for ‘parties’ and ‘party overflows’) and a green zone (for the general public) and many side events all over the city; attended by around 30,000 people. 

A lot of work goes into preparing for a COP – not just the physical structures but also ideas, conversations and agreements. And the work continues after. 

It is important to establish “the mood music” as Jill puts it, so all the work before, during and after, delivers what we need. 

Ece and Jill are up in Glasgow for COP26. They will do daily summaries – supported by Sabine, Neil and Anna back at the HQ. If they manage to find each other in the chaos they may even upload a chat. Listen out for their summaries in the evening.

See below for follow up references and background information we mention in the updates.

 

Some of the Day 3 (Finance Day) announcements from Aldersgate Group‘s digest

Chancellor of the Exchequer Rishi Sunak announced that he was making net zero transition plans mandatory for financial institutions and listed companies

The US re-joined the high ambition coalition

Japan has pledged up to $10 billion in new climate finance

The UK and India announced a plan to improve interconnections between the world’s electricity power grids

Mark Carney’s Glasgow Financial Alliance for Net Zero announced it can secure $130 trillion in climate finance commitments

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