- COP 26 is focusing on exit from fossil fuels and renewable transition; finance is key and $130 trillion seems accessible from the private sector.
- Exit from fossil fuels (coal, oil, gas) gaining momentum, with 20 countries close to ending finance by end of 2022.
- UK Government says 190 countries (including Poland, Vietnam and Chile), and organisations back exit from coal at COP 26. Resistance to coal exit from Australia, China, India. US Governments.
- Follow the money and pay attention to private sector financing when deciding about where to invest in energy and transport.
For further details see:
Energy Transition: Follow The Money