5 ways financial markets can start to make actual climate progress

There have been positive regulatory moves, but real hurdles remain. As we look to COP28, 3 climate experts share what to watch for.

This year’s conference of the parties, the U.N.’s climate change summit, was dubbed the “implementation” COP, and the world was watching the climate clock as negotiations were underway. At the international level, negotiators struck a deal on climate loss and damage financing but fell short in two major areas: strengthening emissions commitments in line with the Paris Agreement’s target of limiting annual global temperature rise to 1.5 degrees Celsius above preindustrial levels, and funding emerging nations’ transition away from fossil fuels.

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