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ESG360

A new series charting the key trends shaping the world of sustainable finance as companies and countries strive to cut carbon emissions and make the world a fairer place. Nomura’s sustainability experts and external guests will provide deep and timely insights to keep you at the forefront of a rapidly evolving field.

November 22, 2022 | ESG360 | 33 min video ESG360 – COP27: A Review of the UN's Climate Change Conference

In this episode of ESG360, we explore the key ideas discussed at the UN's recent Climate Change Conference, COP27, held in Egypt. Against the backdrop of Russia’s invasion of Ukraine, energy security concerns complicated discussions around climate change as some countries burned more fossil fuels in the short term while making plans to accelerate the rollout of renewables to reclaim their energy independence. Discussion centered around the creation of a loss and damages fund to compensate developing countries bearing the brunt of climate disasters. Reducing greenhouse gases like methane and a $20 billion deal to help Indonesia move away from coal were notable successes in contrast to thornier issues like phasing down all fossil fuels.

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