Are you going to COP26? Many may be excused for feeling overwhelmed by the late scheduling and complex logistics that have only been made worse by the pandemic, despite wanting to be present at such a monumental gathering. This is the year of bigger, more ambitious climate commitments, we are told. But many others, or indeed all, would also be excused for feeling that by attending, they would be as much a part of the problem as the solution. Naturally, most of the travel to Glasgow, UK, where the UN’s 26th Conference of the Parties will take place this November, will be by air.
Bankers in particular may feel the twisted pressure of another, specific layer of responsibility as they are called upon to stop financing the fossil fuels on which those UK-bound planes still run. This is a genuine point as, while some are responding to this responsibility more clearly than others, there is yet no replacement for oil as of yet. Or gas, for that matter.