Climate Negotiations – Low Ambition and High Risks

COP 25 held in Madrid in December 2019 was considered a lost opportunity by most commentators; some even brand it a serious failure. As country delegates decided to defer some of the thorniest issues to the next U.N. climate summit in Glasgow in November 2020, the result is that the starting date for the Paris Agreement will arrive without an agreed set of rules. So what are the key issues that have been left unresolved by the Conference and what does its underperformance mean for businesses trying to chart the uncertain waters of climate change and climate change action? This issue gives an in-depth analysis on COP 25 and its implications for business in Hong Kong and Singapore.