2nd November 2022


COP27 to focus on finance and investment in climate issues

Cop27, the UN Climate Change Conference will be held at Sharm el-Sheikh in Egypt from 6-18 November.

Cop 27 is the main forum for government, business and environmental leaders to discuss and work on pressing climate issues.

This year, the meeting of 198 countries will focus on taking strong action on climate issues.

This summit will focus on economic losses caused by climate catastrophes and on industrialised nations taking the lead in public investment in clean energy and technology.

Some of the challenges that CO27 will discuss are the need for more research and investment in green technologies in industrialised nations and for emerging markets face to decarbonize their economies.

Finance needs to be at the centre of the discussion if COP27 is to be successful according to International Centre for Climate Change and Development (ICCCAD) Professor Saleemul Huq.