The last couple of months have seen a lot of activity here at ecbi. In January, we officially started the latest phase of our work with publication of our new report, COP26 Key Outcomes. We also responded to a UNFCCC request for submissions on a new global goal on climate finance, welcomed several new team members, and celebrated a noteworthy honour bestowed on one of our Programme Heads. More details on each of these can be found in this Update, along with news from members of the ecbi Phase V Management Group.