Page 5 - Bus365 Issue 11 2021 WEB

A comprehensive round-up of the latest business news covering all sectors within
the Isle of Man’s diverse and dynamic business environment.

COP26: ISLAND REPRESENTED

AT CRUCIAL CLIMATE SUMMIT

An Isle of Man delegation joined world leaders by attending the United Nation’s
landmark climate event, COP26, in Scotland, including newly appointed Chair of the
Climate Change Transformation Board, Daphne Caine MHK.
he Glasgow summit provided a platform speed up the switch to electric vehicles.
for the biggest climate crisis talks in
Tyears, and organisers hope it will lead As part of the Island’s 2050 commitment a
countries to accelerate plans to reduce net zero Climate Change Bill, which is currently pending
emission targets, slow global warming and keep royal assent, was delivered, which requires a
temperature rise below 1.5C. continuous fi ve-year rolling action plan.
Chief Minister, Alfred Cannan MHK, said: “It
The Isle of Man chose to showcase its
is fi tting that the Island was invited to attend
compelling story around the blue carbon stores
COP26, as we have a strong commitment to
in our shores which will show how we quantify,
climate change action. It will be a key feature
categorise, utilise and enhance the existing blue
in our new Island Plan, which will outline the
carbon resources.
roadmap for Government for this administration.”
The footage showcased the beauty of the marine
environment, help viewers understand the need
to protect our oceans alongside our scientists’ The Isle of Man
work in helping protect it for future generations. It
featured as part of Nature Day. Government has
committed to reach net
Daphne Caine MHK, said: “I’m delighted to be
attending such an important event. This is a great zero carbon emissions
opportunity to see what other jurisdictions are by 2050 - a goal also
doing, learn from each other, and help us move
quickly to take the action needed to mitigate pledged by the UK, the
climate change.”
US and many other
It comes just months after a major scientifi c developed nations.
report by the Intergovernmental Panel on Climate
Change (IPCC) said human activity is ‘changing Meanwhile, on-Island, Net Zero Isle of Man ran
the climate in unprecedented and sometimes a programme of activities during COP26 to
irreversible ways’.
highlight the signifi cance of the conference, and
The landmark study warned of increasingly local climate change action.
extreme heatwaves, droughts and fl ooding, and
Members of the public were invited to take part
a key temperature limit being broken in just over
in a series of insightful community activities,
a decade - but scientists say a catastrophe can
where they could discover how the climate crisis
be avoided if the world acts fast.
has impacted the Island and its biodiversity, hear
The Isle of Man Government has committed to inspiring stories of individuals who have made
reach net zero carbon emissions by 2050 - a positive steps to tackle climate change, and learn
goal also pledged by the UK, the US and many what they can do to help save our planet.
other developed nations.
The programme of events included a fi ve-part
Net zero is the point at which a country is webinar series with key speakers on the frontline
removing as many climate-changing gases of climate action, including NASA astronaut
from the atmosphere as it is putting in. To reach Nicole Stott and Special Advisor to the Climate
this target Governments will need to invest in Change Transformation Board, Professor James
renewable energy, increase natural carbon Curran. Other activities included courses,
habitats, improve home energy e ciencies and workshops, tree planting and school assemblies.

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