Developed countries reaffirmed in the last days of COP26 (26th United Nations Conference on Climate Change) their commitment to allocate US$ 100 billion a year to projects that help to contain global warming in developing nations. The delegations present at the meeting also reached an agreement on the main points regarding the carbon market regulation.
The final stage of COP26 was also marked by the announcement that the United States and China are committed to adopting actions to contain global warming by a maximum of 1.5°C, reduce methane emissions, preserve forests and gradually abandon coal. And the conference also had a commitment from more than a thousand companies, including 30 from Brazil, to adopt concrete actions based on science to also not allow warming above 1.5°C by the end of this century.
In this episode of CNN World, Lourival Sant’Anna presents a balance of information and analysis on the main climate agreements signed by the countries present at the UN Conference. The president of the Brazilian Development Association, Sérgio Gusmão Suchodolski, comments on the actions that a group of 31 financial institutions intends to carry out to promote sustainable development in Brazil. The executive director in Brazil and representative of the UN Global Compact in Latin America, Carlo Pereira, also describes the commitment of Brazilian companies to curb global warming.
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Reference: CNN Brasil
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
