Climate Finance must be top of agenda at COP27

Posted on 30 May 2022

Financial assistance for developing countries must be at the top of the agenda for UN climate talks this year. The host country, Egypt, has made this clear, as governments will be required to follow through on promises made at COP26 last year. Egypt will host COP27 in Sham el-Sheikh in November.  

Most of the world’s biggest economies, and biggest emitters of greenhouse gases, have yet to fulfil the pledges they made at Glasgow last November to strengthen their targets on emission cuts. Work to turn the pledges of climate finance from rich countries into projects on the ground helping poor countries has also been slow.