If COP26 was all about creating the mechanisms to make the energy transition possible, COP27 promises to be the catalyst to start implementing decarbonisation in earnest. But with governments struggling to allocate the trillions required in capital, tying private financing to climate criteria will be vital to asserting the new normal. Established at COP26, the Glasgow Financial Alliance for Net Zero (GFANZ) aims to use the next UN Climate Change Conference in Sharm el-Sheikh as a catalyst to standardise and implement its transition financing plans. As one of the highest emitting sectors, oil and gas can expect to ... (full story)