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Urgent investments in energy transition, climate change adaptation and nature conservation will rise to $2.4 trillion by 2030. Around half of it is supposed to come from industrialized nations. At present, they are not even managing to raise $100 billion every year as promised.
By Bernhard Pötter
In a night session, EU Commission, Parliament and Council negotiators agreed to raise the emission reduction targets of the member states, in some cases significantly. The trilogue agreement on the Effort Sharing Regulation is also likely to be heard in Sharm el-Sheikh.
By Lukas Knigge
The difficult negotiations at COP27 get off to a positive start. The Global South puts "loss and damage" on the agenda. The EU fails with a debate on redirecting financial flows.
By Bernhard Pötter
