In the first of our special episodes from the first Hoffmann Centre / CEPR / ReCIPE Conference, we’re discussing what chances there are of significant multilateral agreements being signed at COP 30 and, given that the chances are low, what plan B might be. Beatrice Weder di Mauro of CEPR, Hoffmann Centre and the Geneva Graduate Institute tells Tim Phillips that, if everyone can’t agree, then coalitions of the willing – climate or finance clubs that offer incentives for the countries that want to join – can agree their own sustainability policies. But what are those incentives? And who will lead?