| Wavering policy commitments to decarbonisation and diversification in response to such effects can undermine investor confidence and retroactive changes can destroy it. |
| Morgan team uses a German decarbonisation plan as a reference. |
| Many world leaders are also now calling for deep decarbonisation, sending positive signals and creating the conditions for success. |
| We hope and pray that this covenant will contain a clear and convincing long-term goal that will chart the course of decarbonisation in the coming years. |
