Fossil fuel firms’ money not welcome at COP26 – big oil need not apply

Fossil fuel money is not welcome to help run next year’s Cop26 climate talks in Glasgow, as UK government seeks sponsors with net zero emissions plans.

These were the headlines in the 18th August Climate Home News, and if accurate, is tremendous good news.

“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.

Crane at Scottish Events Centre, site for Cop26 in Glasgow

Rachel Rose Jackson, of … Boston based NGO Corporate Accountability, has long campaigned for polluters to be “kicked out” of climate talks. “For years, the UN climate talks have failed to deliver for people on the global front lines of the climate crisis, yet has rolled out the red carpet for the world’s largest polluters,” she said. A decision not to allow oil and gas sponsorship “is long overdue,” she added. “It should be the bare minimum of any government hosting talks meant to avert the very crisis that the fossil fuel industry has fuelled and profited from for decades.”

Read more in Climate Home News

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