Why COP27 is on the world’s environmental radar – State Street Global Advisors

It is clear developments from this ambitious conference will affect the finance industry.

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... As the 26th UN climate change conference (COP26) concluded in Glasgow, it was clear this ambitious conference had produced developments that will impact the financial services industry. A new standards body was established, which will help achieve a long-desired global ESG reporting standard.

The global community will be watching closely to see if COP27 can help drive implementation and action from countries committed to the Paris Agreement and to targets set at COP26.

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