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Comment: Four steps toward a sustainable, resilient future post COP27

Reuters · Reuters · last updated

Not enough. That is the conclusion that many have taken from COP27. Including myself as an observer representing the Global Alliance for Banking on Values, an international alliance of values-based financial institutions.

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Related Knowledge Center: Climate diplomacy: COP 27

State of Play

The 27th Conference of the Parties (COP 27) produced a groundbreaking agreement to create a “loss and damage” fund to help developing nations cope with the impact of climate change.

But the conference, held from Nov. 6 to Nov. 20, 2022, in Sharm el-Sheik, Egypt, fell short of a hoped-for agreement to speed reductions of greenhouse gas emissions.

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