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New York is hosting the unofficial climate summit of the year

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By illuminem briefings

· 2 min read


illuminem summarizes for you the essential news of the day. Read the full piece on Financial Post or enjoy below:

🗞️ Driving the news: Climate Week NYC has kicked off, running alongside the UN General Assembly, and is set to become the largest climate gathering of the year
• The event will bring together financiers, diplomats, scientists, and corporate leaders, with hundreds of sustainability announcements expected across various venues in New York City

🔭 The context: While COP29 in Azerbaijan is the official UN climate summit in November, it is expected to attract fewer corporate and banking executives than last year's COP28 in Dubai
• Climate Week NYC offers a more accessible platform for these stakeholders to push climate action

🌍 Why it matters for the planet: As global leaders gather for Climate Week and the UN General Assembly, key discussions around climate finance, corporate sustainability, and international climate pledges are set to shape the global climate agenda

⏭️ What's next: Major figures like Barbados PM Mia Mottley, US climate envoy John Kerry, and European Commission President Ursula von der Leyen will be attending, with events ranging from forums to science fairs and offbeat activities like late-night karaoke

📈 One stat: COP29 is expected to draw far fewer business executives than COP28 in Dubai, shifting focus to Climate Week NYC

Click for more news covering the latest on ESG

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