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Published on: 06. April 2023

Financial reform will decide the global climate

November 9, 2022, Sharm El Sheijk, South Sinai, Egypt: Activists wearing masks with words Climate Finance Now protest on the fourth day of the COP27 UN Climate Change Conference Finance Day, held by UNFCCC in Sharm El-Sheikh International Convention Center. COP27, running from November 6 to November 18 in Sharm El Sheikh focuses on implementation of measures already agreed during previous COPs. The Conference in Sharm El Sheikh focuses also on the most vulnerable communities as the climate crisis hardens life conditions of those already most disadvantaged. Sharm El Sheijk Egypt - ZUMAs197 20221109_zaa_s197_014 Copyright: xDominikaxZarzyckax

Global climate action, adaptation and the repair of climate damage requires a lot of money. A reform of the global financial structure is intended to mobilize the financial resources. The upcoming annual meeting of the World Bank and IMF will discuss this, but different interests are involved.

Bernhard Pötter

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Last updated: 24. July 2025

Climate Finance Climate protection Klimafinanzierung
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