World leaders are in France at the One Planet summit with the objective of mobilizing finance to fund projects that can reduce climate-changing pollution. Companies, banks, investors, and countries will announce new initiatives to help fund the costly transition to a carbon-free future. Only real commitments funded by real money will be discussed.
Call for shipping to meet Paris climate goals
Also, the International Maritime Organization, representing what many believe to be the rogue industry of shipping, is likely to set emissions targets in line with the “well below 2°C” global warming limit. Funds for developing nations will be galvanised at the summit.
