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Reuters

COP26 message to business: clean up to cash in

GLASGOW (Reuters) -The hard-fought Glasgow Climate Pact sent a clear message to global companies and executives: reassess business strategies and carbon footprints to reap monetary rewards, or lag and risk losses. The deal https://www.reuters.com/business/cop/un-climate-negotiators-go-into-overtime-save-15-celsius-goal-2021-11-13 announced late Saturday, ending two weeks of fraught negotiations between nearly 200 nations, pushes countries to do much more https://www.reuters.com/business/cop/factbox-whats-glasgow-climate-pact-2021-11-13 to curb climate-warming carbon emissions. The Glasgow pact also delivered a breakthrough on rules for governing carbon markets https://www.reuters.com/business/cop/outline-carbon-markets-deal-emerges-un-climate-summit-2021-11-13, and took aim at fossil fuel subsidies.

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