Financing

3 Article Found

Cairo hosts roundtable on discussions on report of High-Level Finance Experts regarding climate finance

On the 24th of October 2022, the COP27 Presidency hosted in Cairo the Roundtable on discussing the draft report of “Independent High-level Expert Group on Scaling up Investment and Finance to Deliver on Climate Ambition and Development Goals”.

$6.2 million project signed to support COP27 by the Egyptian Government, UNDP, and supporting partners in Cairo

On the 27th of September 2022 in Cairo, the United Nations Development Programme (UNDP), the European Union (EU), the Embassy of Denmark, the Embassy of Switzerland and the African Climate Foundation signed a new $6.2 million project to support Egypt’s presidency of the 27th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) to be held in Sharm El-Sheikh from 7–18 November this year.

Climate Change: Another Reason for Inflation in Coming Years

A study by the Potsdam Institute for Climate Impact Research and the European Central Bank revealed how inflation could spiral out of control in a hotter future.