Why have countries been pushing for a vital global climate report to be delayed?

Countries have been pushing for a delay in the release of a vital global climate report, citing concerns that developed countries have skewed the findings of the Intergovernmental Panel on Climate Change's review. This report is crucial for providing scientific advice to governments on the climate ahead of the upcoming Cop31 climate summit. The delay has left the future of this advice in doubt, which could impact the effectiveness of climate policies and agreements. The delay may also hinder global efforts to address the climate crisis.

Why it matters

Countries like Saudi Arabia, Russia and China are pushing for a delay in the global climate report, claiming developed countries have skewed the findings. This delay could impact climate change policies and decisions, affecting global markets and economies.

Market impact

Markets & countries in focus

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