With the 27th annual UN Climate Change Conference (COP27) underway in Egypt, what do investors need to know? In this episode of Fixed on ESG, Elizabeth Burgess, Client Manager, sits down with John Ploeg, CFA, Co-head of ESG Research, to set the scene for listeners and provide background on the big-ticket issues we all should be monitoring, including updates to Nationally Determined Contributions (NDCs), new developments around Article 6 of the Paris Agreement, the state of the $100 billion climate finance pledge, the loss and damage compensation debate and its significance to this year’s conference, and much more! (Recorded on November 3, 2022.)
00:58 Overview of COP basics
3:31 Disadvantages for smaller countries
4:55 What influence does Egypt have by hosting this year?
6:01 Recap of COP26
11:07 Are NDCs meeting the Paris Agreement target?
12:44 Was COP26 really a “big announcement COP”?
16:31 New developments around Article 6
18:56 What is climate finance?
23:00 Loss and damages
27:14 COP27 prospects for successful climate reparations
29:08 The war in the Ukraine and a divisive geopolitical climate
31:16 The Inflation Reduction Act and REPowerEU
36:14 Key takeaways investors should consider
38:27 How the carbon budget’s trajectory affects investment decisions
41:26 Distinguishing the difference between ESG risk and ESG impact
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