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Big oil need not apply: UK raises the bar for UN climate summit sponsorship
(Climate Home News, 18 Aug 2020) The UK government will not accept sponsorship from fossil fuel companies for next year’s UN climate summit in Glasgow, Climate Home News understands.
Like in previous years, the UK hosts of the two-week event are seeking corporate sponsors to shoulder some of the cost, initially estimated at £250 million ($330m).
Unlike in previous years, which have seen large polluters use such deals to bolster their green credentials, sponsors of Cop26 are expected to have a credible plan to cut their emissions to net zero by 2050, the official website states. Climate Home News understands that oil and gas majors will not be considered.
Rachel Rose Jackson, director of climate research and policy at the Boston-based NGO Corporate Accountability, has long campaigned for polluters to be “kicked out” of climate talks. She told CHN that, if confirmed, the decision to exclude oil and gas companies from sponsorship deals would be “a testament to the strength of the movement”.
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