On 20 November, the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), that took place in the Egyptian coastal city of Sharm el-Sheikh, concluded with a historic decision to establish and operationalize a loss and damage fund.
From 6 to 20 November, COP27 held high-level and side events, key negotiations, and press conferences, hosting more than 100 Heads of State and Governments, over 35,000 participants and numerous pavilions showcasing climate action around the world and across different sectors.
Welcoming the decision and calling the fund essential, UN Secretary-General António Guterres said that more needs to be done to drastically reduce emissions now. “The world still needs a giant leap on climate ambition.”
“The red line we must not cross is the line that takes our planet over the 1.5 degree temperature limit,” he stressed, urging the world not to relent “in the fight for climate justice and climate ambition.”
“We can and must win this battle for our lives,” he concluded.
1. The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change, Paris Agreement, was held from 6 to 20 November 2022 in Sharm El-Sheikh, Egypt
2. UN Secretary General António Guterres at the Opening Ceremony of the World Leaders Summit
3. COP27 closes with deal on loss and damage: ‘A step towards justice’, says UN chief
4. António Guterres (Secretary-General) on the Closing of COP27
6. Read the Sharm el-Sheikh Implementation Plan