The Conference of the Parties (COP) was established with the adoption of the United Nations Framework Convention on Climate Change (UNFCCC) at the Earth Summit in Rio de Janeiro in 1992.

As a large number of investors turn to green assets, this raises questions about investors’ impact on the economy, in particular through their influence on firms’ valuations and corporate behaviour

The sharp increase in net zero commitments from governments, corporates and financial institutions comes with a renewed interest in carbon offsetting mechanisms.

Circular Economy can be defined as an economic system of trade and production which, at all stages of the product lifecycle, aims to increase the efficiency of resource use and reduce environmental impact while developing the well-being of individuals.

While carbon emissions have been increasing slowly despite efforts to bring them down, “net zero” commitments, however, have skyrocketed.

The EU formally adopted in June its new objective of cutting the bloc’s greenhouse gas emissions by 55% by 2030 versus 1990.

Since last year, there has been a tremendous acceleration of net zero commitments, showing that despite the Covid crisis, the climate change mitigation goals set in the Paris Agreement remain firmly on the agenda.