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COP27: Gates Foundation CEO calls for more cash for climate adaptation

Reuters · Reuters · last updated

The world’s development banks need to prioritise helping poorer countries adapt to the impacts of climate change, the chief executive of the Bill and Melinda Gates Foundation told Reuters.

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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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