COP 27: Understanding the implications for investors
“Greenhouse gas emissions keep growing. Global temperatures keep rising. And our planet is fast approaching tipping points that will make climate chaos irreversible. We are on a highway to climate hell with our foot on the accelerator."António Guterres, Secretary-General of the United Nations
Last month global stakeholders gathered in Egypt for the 27th Conference of the Parties (COP) to begin international negotiations on climate change under the United Nations banner. During COP 27, which aimed to focus on implementation, countries agreed the Sharm-el-Sheikh Implementation Plan (COP 27 deal).