1.0EBFhttps://www.ebf.eu'COP 26 final assessment and what’s next' by Antonio Ballabriga, Global Head of Responsible Business, BBVA & Chair of the EBF Sustainable Finance Working Grouprich600338<blockquote class="wp-embedded-content" data-secret="X2WzaaMOHn"><a href="https://www.ebf.eu/sustainable-finance-newsletter/cop-26-final-assessment-and-whats-next-by-antonio-ballabriga-global-head-of-responsible-business-bbva-chair-of-the-ebf-sustainable-finance-working-group/">‘COP 26 final assessment and what’s next’ by Antonio Ballabriga, Global Head of Responsible Business, BBVA & Chair of the EBF Sustainable Finance Working Group</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.ebf.eu/sustainable-finance-newsletter/cop-26-final-assessment-and-whats-next-by-antonio-ballabriga-global-head-of-responsible-business-bbva-chair-of-the-ebf-sustainable-finance-working-group/embed/#?secret=X2WzaaMOHn" width="600" height="338" title="“‘COP 26 final assessment and what’s next’ by Antonio Ballabriga, Global Head of Responsible Business, BBVA & Chair of the EBF Sustainable Finance Working Group” — EBF" data-secret="X2WzaaMOHn" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.ebf.eu/wp-content/uploads/2020/07/iStock-153265195-scaled.jpg25601707Why was the COP26 so important? It tested countries’ level of ambition to fight climate change while scientific knowledge highlighted the shrinking room for maneuver. Mechanisms for public persuasion have proven to be inefficient against more appropriate incentives such as financial help or expectations of carbon pricing.