Last week: Top powers met to discuss climate issues. The EU might label fossil gas as “green” under its new taxonomy. A new study showed that banks invested $3.8 trillion into fossil fuels over the past 5 years. One-fifth of the world’s largest companies have adopted net-zero emissions targets. Here are the latest top stories in climate diplomacy:

There are concerning news on the EU’s green taxonomy stance on gas

Leak: polluters gut EU green finance rules - Greenpeace European Unit
Major concessions to polluting industries under new EU sustainable finance rules, leaked on Monday, would stab the EU green deal in the heart, said Greenpeace.

The world’s biggest banks have pumped a staggering $3.8 trillion into fossil fuel industries over five years

Climate Chaos: NGOs Name Top Banks Who Put $3.8 Trillion Into Fossil Fuels
The world’s biggest banks have pumped a staggering $3.8 trillion into fossil fuel industries in the years since the Paris Agreement, a new report by an alliance of NGOs shows.

One in five of the world’s largest companies have now committed to a “net-zero” emissions target

Net-zero emissions targets adopted by one-fifth of world's largest companies
One in five of the world's 2,000 largest publicly listed companies have now committed to a "net-zero" emissions target to help tackle climate change, researchers said on Tuesday.

Ministerial on Climate Action: Antonio Guterres urges ‘clear and credible’ plans to achieve net zero

UN chief urges ‘clear and credible’ plans to achieve net zero | Indiablooms - First Portal on ...
New York: The United Nations Secretary-General on Tuesday urged all countries, companies and financial institutions to commit to net zero or carbon neutrality, with “clear and credible” plans to achieve the target, starting immediately.

A shameful loophole – how the UK government is cutting aid while propping up fossil fuels

Slash and burn: how the UK government is cutting aid while propping up fossil fuels
There's a huge shameful loophole in the Cop26 host's pledge to stop funding fossil fuels abroad. It must be fixed before other nations copy it

A successfulCOP26 needs to deliver:

  • New 2030 targets in line with net-zero

  • Effective finance & debt relief package

  • Strong signal the fossil fuel era is coming to an end

« A la COP 26, le monde doit honorer l’accord de Paris »
TRIBUNE. Constatant que les engagements pris en 2015 lors de la COP21 sont très loin de répondre aux objectifs, Laurent Fabius, Alok Sharma et Laurence Tubiana appellent à poursuivre l’action commune pour orienter le monde vers une reprise verte.