As politicians exit COP26, $130tn worth of financiers take the stage


  • World
  • Wednesday, 03 Nov 2021

Britain's Chancellor of the Exchequer Rishi Sunak speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Yves Herman

GLASGOW (Reuters) - With national leaders gone from the U.N. climate conference in Scotland, attention turned on Wednesday to the state treasuries and the businesses and financiers responsible for carrying out the pledges to cut emissions and build infrastructure.

A main aim of the COP26 talks is to secure enough national promises to cut greenhouse gas emissions - mostly from burning ubiquitous fossil fuels - to avert the worst climate disasters by keeping the rise in the global temperature to 1.5 degrees Celsius.

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