COP27 (the 27th session of the Conference of the Parties of the UNFCCC) culminated on 20th November 2022 in a breakthrough agreement on ‘loss and damage’ funding, but fell short of committing to a phase down of all fossil fuels. While COP27 was largely regarded as providing too-little-too-late to tackle the climate emergency, there were some significant steps forward for the business community. The business implications of COP were mostly lost among reports about controversies ranging from fossil fuel lobbyists to political repression. This article will unpick some of the announcements that are important for businesses to be aware of.
Find out more here: https://fundinglondon.co.uk/news/cop27-what-does-it-mean-for-business