The first week at COP26 – highs and lows: The MUFG Global Markets Podcast

The first week of the 26th Conference of Parties (COP26) is now history. With heads of state now exiting Glasgow, the hard and delicate slog of negotiating is officially underway. While COP26 certainly made headlines since kicking off on 31 October, there have been few true legitimate surprises, with most previous climate pledges being reiterated during the event without material visibility on the timelines for transitioning towards a renewables-led future.

In this week’s podcast, Ehsan Khoman, Head of Emerging Markets Research (EMEA), summarises the highs and lows of the first week at COP26 in terms of energy pledges, assesses the long list of thorny issues confronting negotiators, and contextualises how deals made at COP26 will have repercussions for financial markets and corporates across all sectors of the global economy.

 

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