iClima Earth Limited chief executive and co-founder Gabriela Herculano tells Proactive's Stephen Gunnion coal is a key issue as world leaders meet in Egypt for the COP27 climate conference.
With Europe returning to coal as winter approaches amid energy insecurity, Herculano says a key outcome from COP27 is 'phasing out' unabated coal power, after COP26 committed to 'phasing down' coal.
Discussing the iClima Earth monthly report for October, Herculano also highlighted the importance of China, saying there is no decarbonisation without the world's second-largest economy, which has made a lot of effort into decarbonising its economy through long-term investment into key solutions.
iClima Earth launched the world's first ETF offering investors exposure to firms promoting the decentralisation of energy generation on HANetf's white label platform.