Research Briefing | Nov 25, 2022

COP27 culminates with a fray of loose ends

COP27 culminates with a fray of loose ends

With negotiations extending into the weekend amid fears of a stalemate, COP27 delegates finally agreed to set up a fund to help pay for losses and damages brought on by climate change. Yet, the lack of aggressive cuts to emissions as fossil fuels linger undermines this win.

What you will learn:

  • How the fund to help to compensate poorer nations for losses and damages is considered a win.
  • How a failure to raise climate ambition puts the goal of limiting global warming to 1.5 degrees at risk.
  • Other updates on key discussions that took place such as Adaptation and Carbon Markets.

This research briefing is a part of our Global Climate Service (GCS), our experts publish monthly research on key climate issues such as mitigation policy, global warming, technology and more. To read more about the GCS click here.

Back to Resource Hub

Related Research

Post

Policymakers must be honest about the winners and losers of clean energy transition and building a green economy

Achieving a net zero and carbon neutral world by 2050 is the defining challenge of our age. It relies on many partners working together to shoulder great costs, and to do so as equitably and efficiently as possible. It is important for policymakers to be honest about the challenges businesses, investors, and consumers will have to face if we are to halt global warming on the sort of timescales scientists are telling us is necessary.

Find Out More

Post

Competing on climate: Rewards are there for those who prioritise transition towards a green economy

Is a poor understanding of the advantages of going green the reason less than a third of companies have actually taken action to attain their sustainability goals? Competitive opportunities in industry disruption, new green markets and productivity gains from mitigation all await those with the necessary green ambitions and associated strategy to take advantage of the green opportunities.

Find Out More

Post

$10.3 trillion: the value of the green economy opportunity

Greening the global economy – an Arup / Oxford Economics advisory perspective series The scientific consensus is clear: the impact of a failure to tackle climate change will be devastating. Higher concentrations of pollutants such as CO2 will push average temperatures up across the world, causing rising sea levels and extreme weather events that will...

Find Out More