- COP 26
COP26 and the Race to Net Zero
The COP 26 will take place in Glasgow from 31 October to 12 November 2021.
To support the global goal to a zero emission world, Amundi has taken action:
- Amundi, which has joined the Net Zero Asset Managers initiative, is an actor of the just transition and embraces global carbon neutrality objectives.
- Amundi joined the Finance for Tomorrow’s “Investors for a Just Transition” coalition as a founding member.
The United Kingdom will host this 26th United Nations Conference of the Parties on Climate Change, in Glasgow from 31 October to 12 November 2021.
Climate Change is the largest externality caused by our economic systems on the planet, one of the greatest systemic risks for society. The Paris Agreement set a clear direction of travel in climate fight, with 197 countries agreeing on the objective to limit global warming to well below 2°C.
The COP 26 aims to encourage a truth implementation of Paris agreements by motivating governments to enhance their climate ambitions and to take new commitments. To promote this momentum for change, the framework provided by COP 26 should enable States Parties to agree on the direction of markets towards a global carbon tax system that will reduce greenhouse gas emissions.
Net Zero Announcements
Energy transition is not only a financial risk, it is our responsibility. Beyond investors’ mobilization on climate risks, 2021 needs to be the year of climate action for all economic actors. Global GHG emissions need to drop, they need to drop now, and we have a collective responsibility to make it happen. In this race to Net Zero, and with a deep awareness of our responsibility, as a global responsible asset manager, Amundi is proud to embrace global carbon neutrality objectives and to be an actor of the transition by joining the Net Zero Asset Managers initiative.
Just Transition Coalition
Finance for Tomorrow brings together asset managers and asset owners representing €3.6 trillion in the first global engagement coalition to promote a just transition to low-carbon economies. The founding members of the coalition will commit to engaging with companies, encouraging them to integrate the social aspects of the transition into their strategies and to highlight best practices within key industries. Through this collaborative platform, investors will work with different stakeholders (such as companies, labor unions, universities and research institutes) to define a common strategy and specific engagement objectives. To maximize the impact of their engagement efforts, the coalition’s founding members call on all investors and companies to join the initiative in preparation for its international launch at the COP26 in Glasgow.
Learn more about climate change
Green Bonds: How to see your savings at work fighting climate change
From climate change to living wage: What’s on responsible investors’ radar?