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COP27

Following COP27, it’s no longer enough to rely on regulators to carry the world to net-zero
Despite breakthrough loss and damages fund and a focus on reforming the global financial system, COP27 failed to incorporate the crucial goal of phasing out fossil fuels
This year's conference in Sharm El-Sheikh saw the focus shift to developing countries and their need for financial support
UN officials and stakeholders have called for reforms to the global regulatory and financial system to increase green capital flows for developing countries
The ISSB's IFRS S2 climate-related disclosures standard will be incorporated into CDP's annual questionnaires from 2024 onwards
COP leaders stress the importance of putting climate plans into action and ensuring greater accountability and transparency, especially when it comes to supporting developing countries
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