Finance for climate action could make or break COP27
International climate change conferences are a weighty enterprise—one that needs to be held up by solid pillars of action, not just warm words and hot air.
The upcoming United Nations climate event in Egypt in November, COP27, will be no different. It will only hold up if supported by key pillars, but none is more robust for Africa than international climate finance.
This year’s meeting of world leaders has been christened the ‘Africa COP,’ not because the continent is playing host, but because Africa is increasingly taking the biggest hits from the effects of climate change. Yet, it has contributed the least to the climate crisis.