Good morning, this is Nicolas. Today, we’re covering a business-led proposal to have companies report on their climate commitments.
We’re also following the United States’s cautious return to the World Trade Organization, and the UN special envoy to Libya’s surprise resignation. |
An oil refinery. (Credit: Pixabay)
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Private sector’s climate pledges under the microscope.
As emissions from private corporations were thrown into the spotlight at Cop26 in Glasgow, plans were made to create a framework monitoring companies’ climate commitments. Peter Bakker, head of an organisation regrouping 200 CEOs of the world’s largest businesses, told Geneva Solutions the system would “measure the company's commitments and whether they're good enough to get to net zero by 2050 and halving emissions by 2030. And as we move through the years, we'll hold companies accountable whether they actually deliver and make the progress that their plans had set out to do.”
Geneva Solutions (EN)
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Here's what else is happening
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