The second most common remark in my conversations was how big London Climate Action Week has become. As a result of the newly unfriendly political environment in the U.S., companies, NGOs, and government officials have come to see London as the place for forthright discussions related to climate change. On the surface, a safe space for climate discussions may sound sort of fluffy, but it’s crucial to what people inside climate circles call “implementation” and what in the business world you might say is simply doing deals. Implementation has always been the key step in anything climate related. Ultimately, no matter what pledges a company or country adopts, actually making things change on the ground is what slows emissions.
“You don’t need to have consensus to get things done,” says Nick Mabey, who chairs London Climate Action Week, “because people are forming different coalitions and moving different pieces forward.”
“London has now been elevated as the most central green finance hub globally,” Leslie Maasdorp, CEO of British International Investment, told me on the sidelines of a summit focused on climate resilience.
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