EVORA Global is pleased to be part of the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow to help drive climate action and change

Why it matters

The COP26 summit will bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.

The built environment is responsible for around 40% of global greenhouse gas emissions and if left unchecked they are set to double by 2050.

Without significant actions from our industry there is little hope of meeting the Paris Agreement and limiting global temperature increase to 1.5°C above pre-industrial levels.

Sustainability has rapidly risen up the public, investor and political agenda – and scrutiny on corporate action has never been higher.

What we are doing

‘Real Estate Investment and Finance: Climate Risk and Opportunities’ 

Thursday 11th November, 8:30am – 11:00am

Four Winds Pavilion, Glasgow

COP26 is an opportunity for the UN’s global community to respond to the urgent warning that we are facing a “code red for humanity”.

Real estate is one of the sectors most exposed to climate change and on Thursday 11th November 2021, the COP26 Presidency Programme will address ‘Cities, Regions & the Built Environment’. On that morning, EVORA Global and FGH will host a panel to discuss the opportunities and risks of integrating climate change into real estate investment and financial decisions.

The event will be opened by Paul Sutcliffe and Chris Bennett, Executive Directors and Co-Founders of EVORA. They will be joined by experts on debt, investment and climate change, including Emilie Mazzacurati, Global Head of Climate Solutions at Moody’s, Eimear Palmer, Head of Responsible Investing, ICG and Peter Epping, Global Head of ESG at Hines.

cop26 programme

Presidency Programme

In addition to the overarching themes, the COP26 programme has specific thematic days covering a range of sub-topics.

COP26 Goals

  • Secure global net zero by mid-century and keep 1.5 degrees within reach

    Countries are being asked to come forward with ambitious 2030 emissions reductions targets that align with reaching net zero by the middle of the century.

    To deliver on these stretching targets, countries will need to:

    • accelerate the phase-out of coal
    • curtail deforestation
    • speed up the switch to electric vehicles
    • encourage investment in renewables.
  • Adapt to protect communities and natural habitats

    The climate is already changing and it will continue to change even as we reduce emissions, with devastating effects.

    At COP26 we need to work together to enable and encourage countries affected by climate change to:

    • protect and restore ecosystems
    • build defences, warning systems and resilient infrastructure and agriculture to avoid loss of homes, livelihoods and even lives
  • Mobilise finance

    To deliver on our first two goals, developed countries must make good on their promise to mobilise at least $100bn in climate finance per year by 2020.

    International financial institutions must play their part and we need work towards unleashing the trillions in private and public sector finance required to secure global net zero.

  • Work together to deliver

    We can only rise to the challenges of the climate crisis by working together.

    At COP26 we must:

    • finalise the Paris Rulebook (the detailed rules that make the Paris Agreement operational)
    • accelerate action to tackle the climate crisis through collaboration between governments, businesses and civil society.

Further reading

Climate Risk is Investment Risk Whitepaper

Climate Resilience Brochure

Climate Risk Readiness Whitepaper

Climate Risk Readiness

Cities, Regions, and the Built Environment at COP26

Act on Climate Change

COP26: A Summary

Insights & Experience