Hi, this is Team Vietnam!
Amid various discussions on achieving the joint goal of "carbon neutrality" led by developed countries, the role and importance of science and technology are being emphasized more. At the 26th United Nations Climate Change Conference (COP26) in Glasgow, the leaders of 120 countries held a Glasgow climate agreement to strengthen global climate action to curb rising global temperatures within 1.5°C under the Paris Agreement.
The Glasgow Climate Agreement requires in-depth efforts to urge advanced countries to expand technology transfer and international climate technology cooperation measures to cope with climate change, and to seek related national strategies. The COP26 agreement presents a clear direction for the "transition to a greenhouse gas low-emission energy system." It makes it clear that it is the way to adopt policies and technologies to expand energy efficiency of clean power generation.
This COP26 suggests many things about future businesses. A "new trade order" has been laid, and in the future, whatever national policy or business, "response to climate change through international cooperation" will act as an essential factor.
It can be said that an era has arrived in which more differentiated and subdivided customized strategies are essential for ESG management and carbon neutrality to increase value through sustainable growth. It is no exaggeration to say that the outcome of the conference will depend on the Paris Agreement and, furthermore, the fate of the Earth.