Downing's Head of Energy & Infrastructure Tom Williams speaks with Environmental Finance about how governments that put short-term politics before long-term climate policy must change course at COP28.
"After a year of record temperatures, global leaders will rather aptly meet in the United Arab Emirates this week to try to find a way to get the world back on track to meet its climate goals.
Faced with a cost-of-living crisis, difficult choices are having to be made. Under pressure, governments are weighing up benefits today against the costs to economies and the environment tomorrow. Pressure is meant to change coal into diamonds, but at the moment we just have coal..."