The recently published Sixth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC-AR6) cautioned that climate change is already affecting every inhabited region of the globe, and the scale of recent changes is unprecedented on a millennial time scale. The discussions at COP26 highlighted the critical need for countries to accelerate reduction of greenhouse gas (GHG) emissions and move toward net zero in the longer term. This will require large-scale climate finance, with private capital mobilization in the trillions of dollars through sustainability-linked bonds and impact investment, as countries make the transition to low carbon economies. These initiatives will need new performance metrics that measure GHG emissions reductions.
Deploying ‘sentinel satellites’ to monitor greenhouse gas emissions (brookings.edu)
