Friday December 02 2022.
2 minute read
Down but not out at COP27.
COP27 – total flop, or just a pitstop on the road to climate security?
Many have deemed it to be somewhere in between. Apart from the groundbreaking decision to establish a loss and damage fund, incremental progress has been made since COP26. Although an agreement was reached at the eleventh hour in Sharm el-Sheikh, there is no room for diversion if we are to reach the targeted 1.5 degrees global warming. A sticking point in the agreement was the use of fossil fuels; to ease off, or eliminate entirely? It’s unsurprising that the decision was made to continue ‘[accelerating] efforts towards the phase-down of unabated coal power and phase-out of inefficient fossil fuel subsidies’ as agreed at COP26. Despite India’s proposal to reduce the use of all fossil fuels, which was supported by 80 countries, oil remains the backbone of numerous economies and energy production relies heavily on gas. Both are unequivocally globally significant fuels, and oil and gas exporters hold even greater sway following Russia’s invasion of Ukraine.
But after a summer of Just Stop Oil activists gluing themselves to your commute and soup-ing some (glass-protected) masterpieces, there is undeniable popular pressure to radically lower the global use of fossil fuels. If the UK is to keep 1.5 alive, all signs point to renewables.
The UK must be proactive. This is an opportunity to lead in sustainable investment and climate protection by funding carbon reduction and removal technologies. The Autumn budget prioritises skilled workers and commits to energy, infrastructure and innovation. The renewable energy sector embodies these ambitions.
While onshore wind farms remain blocked for now, opportunities are rife for offshore wind and solar power, alongside low-carbon sources such as hydrogen gas and nuclear energy. Renewable infrastructure is a trifold investment: in businesses, in job creation, and in the future of the planet. Carbon removal technologies are a hotbed for innovation, as carbon capture is essential to support natural solutions such as planting new forests and peatland restoration.
COP is one of few global political events where countries and companies send representatives. When discussing climate resilience, there’s a need for planetary, rather than national, thinking. Actions taken here can have the severest consequences for countries elsewhere, such as Vanuatu and Pakistan. With COP28 as our next port of call, there can be no delays to progress. I say to Sunak’s government: show up, and don’t cop out.
Nov 27, 2025
6 minute read
Budget 2025: Sticking by their rules, finding money between the lines
After months of trails and speculation there was still time for one more leak before the chancellor took to the stage to set out her fiscal priorities and measures.
Written by
Andrew Gilbertson
Senior Account Executive
Tola Ajayi
Account Executive
Nov 25, 2025
2 minute read
Inaugural trustee board signs off
Camargue’s first trustee board since becoming employee owned will step down at the end of this year having served a three-year term.
Written by
Camargue
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our business.
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