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By Velislava DIMITROVA, Cornelia FURSE and Kris ATKINSON, Fidelity
With COP26 underway, expectations are high. The chasm between achieving net zero carbon emissions by 2050 and current plans is vast and underappreciated, but it is not insurmountable. Governments need to deliver ambitious packages of detailed plans, pressing timelines, large scale investment and an integrated system of incentives for corporates and consumers. A critical aspect of the policy response is support for emerging decarbonisation solutions. These technologies are under-penetrated and some are nascent, but with policy support have the potential to grow dramatically, becoming economic and widely applicable across industries.
Climate change is an existential...
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