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Galvanizing international collaboration will be critical to curbing climate change. But countries committed to the 2016 Paris Agreement have made slow progress in aligning their climate policy to achieving net-zero emissions globally by the second half of this century.
The trends that have reverberated across the environmental, social, and governance (ESG) space—namely the path to net zero, addressing climate risk and funding the energy transition via sustainable finance, and setting global ESG reporting standards—will likely be at the top of the agenda as the U.S. attempts to stimulate bolder collective climate action on the global stage today. The country is virtually chairing the inaugural Leaders Summit on Climate of 40 world leaders, including China’s President Xi Jinping, at a time when the need to protect the planet from global warming has never been so clear.