Global heads of state met in Sharm El-Sheikh in Egypt from 6 to
18 November 2022 at COP27, the United Nations climate summit, to
discuss more ambitious action to tackle climate change. Not
surprisingly, energy security, climate finance for developing
nations and a "just transition" were at the top of the
agenda for world leaders this year. The Matheson team followed the
negotiations closely and, in this insight, we explore the key
takeaways and what this means in practice.
The Sharm el-Sheikh Implementation Plan: "not a moment
of unqualified celebration"
UN Secretary-General António Guterres observed that COP26
had been driven by two overriding themes: justice and ambition. In
a historic first, delegates to the 27th UN Climate Conference
agreed, in the early hours of Sunday, 20 November 2022, to create a
"loss and damage" fund to assist countries suffering from
the impact of the climate crisis. Three Irish government
departments, led by Minister Eamon Ryan, were at
