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November 10, 2022
A daily digest by CSE / Down to Earth on developments at the UNFCCC COP 27 summit in Sharm-El-Sheikh, Egypt from a Global South perspective. Access our extensive coverage on climate. You can find this newsletter on the web here.
Dear readers,

$2 trillion needed to finance climate action in developing economies. Finance dominated discussions on day three of COP27 climate talks.

The cost of energy transition, adaptation resilience, loss and damage and sustainable agriculture for these nations would amount to $2 trillion (Rs 1,63,675 crore) per year by 2030, according to the report.

Of this, $1 trillion could be raised from domestic sources, stated the Finance for climate action: Scaling up investment for climate and development report.

The remaining should come from external sources like developed countries or multilateral development banks, it added ... Continue Reading
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COP27 diary (November 9): $2 trillion needed to finance climate action in developing economies, 10 November 2022
A round-up of what went on at the Sharm El-Sheikh summit
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COP27: Expert Group zeroes in on weak net zero targets; asks industries to speed up, 10 November 2022
Indian companies under scanner, prefer to play an wait-and-watch game
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COP27: The forgotten sustainable development goals, 10 November 2022
Some SDGs attract substantially less attention and resources from companies
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COP27: Developing countries need $2 trillion annually to tackle climate change, says report, 09 November 2022
Mobilising private finance can be crucial in unlocking the funds needed
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COP27: Switzerland wants ‘major emitters’ and big developing economies to do more on mitigation, 09 November 2022
Talks on the Mitigation Work Programme November 8 brought back memories of post-Paris mitigation politics, where rich countries asked all to cut their emissions, while not doing their fair share of cuts
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Down To Earth Only together can we win at COP 27, loss and damage must not to be pushed away with another puny promise of a fund that never materialises but be accepted as a legitimate demand of countries that need climate reparations


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This daily round up of COP27 Newsletter is published by Down to Earth and the Centre for Science and Environment, a Delhi-based global think tank advocating on global south development issues.
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