ESG360 – COP27: A Review of the UN's Climate Conference
Description
In this episode of ESG360, we explore some of the key discussions at the UN’s COP27 climate conference held between November 6-18, 2022 in Sharm El Sheikh, Egypt.
Against the backdrop of Russia’s invasion of Ukraine, energy security concerns complicated discussions around climate change as come countries burned more fossil fuels in the short term while making plans to accelerate the rollout of renewables to reclaim their energy independence. Discussion centered around the creation of a loss and damages fund to compensate developing countries bearing the brunt of climate disasters. Reducing greenhouse gases like methane and a $20 billion deal to help Indonesia move away from coal were notable successes in contrast to thornier issues like phasing down all fossil fuels.






