Despite its drawbacks, the hard-won Glasgow Climate Pact will have a far-reaching impact on the water sector. Developed countries have pledged to double adaptation finance (30% of which goes to water) to $40 billion by 2025. An agreement to ratchet up national mitigation ambitions next year will also raise pressure on cities and publicly owned utilities to set their own net zero targets. Breakthroughs on a new international carbon trading mechanism will raise hopes for wetlands and sanitation projects looking to attract offset finance. But while the pact is scrutinised in the media, many other initiatives risk going under the radar. Below, GWI picks out ten water and climate actions which broke new ground at COP26.
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