November 12, 2021 | by Kristina D'Amico
From the Firm: National and International News Here is a roundup of the big news this week:
What is COP26 and what is being agreed at Glasgow climate conference? For an excellent breakdown of what has been discussed so far at the COP26, read this article by BBC. For those unclear, COP stands for "Conference of the Parties" and this is the 26th annual summit, where 200 countries have been asked to present their plans to cut emissions by 2030. The first draft of the new plan that's been tentatively agreed to by the countries has just become available, though the agreement is not legally binding. It will set the global agenda on climate change for the decade to come, and "asks countries to reveal their plans to massively reduce greenhouse gas emissions at a much faster speed than previously, and also asks developed nations to provide at least double the amount of adaptation finance they give to those countries already suffering the effects of climate change."
House’s $1 Trillion Infrastructure Bill Breakdown Bellevue's Julie Platt and Andrew Wisniewski put together a report on the House's newest infrastructure bill, which President Biden is set to sign next week. The bill will deliver $550 billion of new federal investments over five years. Overall the bill is a historic investment in our country's infrastructure. The White House has projected that the investment will add about 2 million jobs per year. To read the full breakdown of the bill on our website, click the link above!