Reflections from COP26

Solving the net-zero equation, aligning portfolios with climate goals, and more ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

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Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   New from McKinsey & Company Reflections from COP26 With UN climate talks in the rearview, it's clear that net-zero commitments are rising, but the net-zero equation is not yet solved. So what do CEOs need to know for 2022 and beyond? Get up to speed with highlights from all of McKinsey’s sessions at COP26, and dive deeper with these insights to uncover: the fundamental chords that would all need to be resolved in concert, if not in unison, for a net-zero transition to materialize how portfolio-alignment tools can help facilitate needed changes to existing approaches to climate strategy global examples of innovative ways to build resilience against climate hazards the areas of technology with considerable promise, and potential obstacles, along the path to scale Read more COP26 made net zero a core principle for business. Here's how leaders can act Momentum has shifted: net-zero commitments are the norm. But demand for solutions and systems to meet them outstrips the supply. To respond, businesses should focus on five fundamentals. 5 considerations   Solving the net-zero equation: Nine requirements for a more orderly transition Net-zero commitments are rising, but the net-zero equation is not yet solved. This can only change if nine interdependent requirements are met with singular resolve, unity, and ingenuity. An agenda for leaders   Aligning portfolios with climate goals: A new approach for financial institutions Portfolio-alignment tools will help financial institutions chart more scientifically robust, realistic, and profitable climate strategies. Measure progress   Protecting people from a changing climate: The case for resilience Our new study lays bare the potential impact of climate risks for people across the globe—and underscores the need to protect the most vulnerable and build resilience. Accelerate innovation   Innovating to net zero: An executive's guide to climate technology Advanced technologies are critical to stopping climate change—and the drive to develop and scale them is accelerating. Here are five themes that could attract $2 trillion of annual investment by 2025. Scale up solutions   AUTHOR TALKS There is no vaccine for climate change What's the most important thing we can do to address climate change? Talk about it. The time to act is now   Can OKRs solve our planet’s climate crisis? Fueled by a powerful tool called Objectives and Key Results—OKRs—John Doerr's new book offers an actionable global plan to cut greenhouse-gas emissions, before it's too late. Conquer humanity's greatest challenge   Giulio Boccaletti on the relationship between society and water Do you want to understand human civilization? Look to the most elemental substance on earth: water. Dive in   Paul Polman on business as a force for good Climate change and inequality are threatening our very existence. For a better future, business must step up. Take a bold step forward   THE COP26 DAILY Reflections from COP26: What CEOs need to know for 2022 and beyond Insights from the final day of the UN Conference on Climate Change The path ahead   The energy transition unfolds The transition to zero-carbon energy isn't going to be a single shift, but a set of interrelated, system-level shifts. What will it take to get things moving quickly toward net-zero emissions? See the changes   Driving the difference: Cars, trucks, and the road to net zero Mobility contributes around 20 percent of global greenhouse-gas emissions. Decarbonizing transport can play a critical role in the green transition, and collaboration across hard-to-abate sectors will be key to meeting net-zero targets. Road to decarbonization   What will it take to scale investment in adaptation and resilience? Adaptation and resilience measures are critical, but substantially under-funded. Some experts say innovation and imagination will play big roles in the solution. Race to resilience   To see more essential reading on topics that matter, visit McKinsey Themes. — Curated by Eleni Kostopoulos, a digital publishing manager in New York Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to our New at McKinsey alert list. Manage subscriptions | Unsubscribe Copyright © 2021 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007