MUFG Global Markets Podcast

Key takeaways from New York climate week and what this may signal for COP29 in November

The conversations during Climate Week in New York, between 22-29 September, had a tone of realism that acknowledged the shortfall in political ambition to address climate change – both in government policies and finance. These deliberations are critical building blocks towards the next major destination for international sustainability discussions at COP29 in Azerbaijan.

In this week’s podcast, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), examines the key takeaways of Climate Week in New York, which top of mind included the continued commitment to solving barriers to an effective sustainable market, concern over higher power demand attributed to the rise of AI and the increased costs of climate impacts.

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