Business leaders must clean up quickly to cash in on COP26
While there was disappointment that delegates at the Conference of the Parties (COP26) in Glasgow did not do more to mitigate climate change, COP26 ended with a commitment to phase-down fossil fuels and a pledge to end deforestation. Although these are country level commitments, but business leaders and companies will be the ones that need to drive the change that stops global warming. More than 100 countries have agreed to cut their methane emissions by 30% by 2030 under the Global Methane Pledge According to International Energy Agency (IEA), global oil demands must drop by 75% to attain net-zero targets. 40% of global energy-related carbon emissions result from the existing buildings according to the World Green Building Council.