COP27, the 27th Conference of the Parties to the United Nations
Framework Convention on Climate Change (UNFCCC), is taking place in
Sharm El-Sheikh, Egypt between 7-18 November, 2022.
The talks occur at a time of unprecedented turmoil in the global
economy, which has disrupted energy and food supply chains, and as
extreme weather events take an increasingly heavy toll on nations,
as well as on nature.
The COP27 climate summit in Egypt was expected to be unlike
previous COPs - partly because climate finance discussions are
broader in scope, and because the talks were aimed to focus heavily
on fulfilling commitments, not just making new pledges. As it
enters its final days, COP27 has prompted some important new
initiatives designed to help nudge the global economy towards
decarbonization.