Deliver Climate Finance

Sharm El-Sheikh Climate Change Conference - November 2022

6–20 November 2022 | Sharm El-Sheikh, Egypt

UN Framework Convention on Climate Change – UNFCCC

About

For the first time, countries agreed to recognize the need for finance to respond to loss and damage associated with the adverse effects of climate change, and quickly established a fund and the necessary funding arrangements, with the details to be worked out over the coming year.

Final report

All coverage

As UN Secretary-General António Guterres recently noted at the UN General Assembly, the world is teeming with turmoil. The first half of 2022 was ripe with weather extremes: countries around the world saw devastating heatwaves and a third of Pakistan was submerged by floods. Russia’s war against Ukraine unfolded a massive geopolitical crisis and led to rippling effects such as upheaval in energy markets and dramatic food and commodity price increases.

It is against this tense background that parties to the UN Framework Convention on Climate Change (UNFCCC) will come together in November for another round of climate negotiations, which many expect to be quite challenging.

Parties have a number of important issues to address at this meeting. This is not only the case because the meeting will effectively hold five, largely concurrent negotiations streams—relating to the Convention, its Subsidiary Body for Implementation (SBI), its Subsidiary Body for Scientific and Technical Advice (SBSTA), as well as the Kyoto Protocol and the Paris Agreement—but also because the lists of issues under each of these bodies are long

There are several types of items on the agenda of the respective bodies: standing and regularly recurring items; issues carrying over from previous meetings due to lack of agreement; relatively new issues that are in their prime negotiation time; and items that country coalitions suggested for inclusion on top of this existing list. Several of carry-over issues are related to the Paris Agreement, with a prominent example being the modalities for the cooperative approaches foreseen under Article 6 of the Paris Agreement. Key among the newer issues are the work programme for urgently scaling up mitigation ambition and implementation and the Glasgow–Sharm el-Sheikh work programme on the global goal on adaptation.

The most contentious issue is finance for loss and damage (climate change impacts that go beyond what can be adapted to). Developing countries are adamant about the need to address this at COP 27 and they enjoy broad support from civil society organizations. Secretary-General Guterres, too, is urging progress and suggested developed economies tax the windfall profits of fossil fuel companies and redirect those funds to countries suffering loss and damage and to people struggling with rising food and energy prices. Whether finance for loss and damage ultimately makes it on the agenda remains to be seen—that is something parties will decide on at the opening of the meeting—but it is already dominating discussions in the run up to COP 27.

Some countries proposed another tricky finance issue for inclusion on the agenda: making finance flows consistent with a pathway towards low greenhouse gas emissions and climate resilient development (Article 2.1c of the Paris Agreement). The idea here is that the work of all financial actors—including finance ministries, commercial banks, pension funds, and multilateral development banks—be aligned with the objectives of the Paris Agreement, which is far from being the case today.

Other finance issues will also dominate the meeting: there is the persistent question over whether developed countries are at last living up to their commitment to mobilize USD 100 billion in climate finance per year—a figure they were supposed to reach in 2020—and whether they are coming true on the goal of doubling adaptation finance. These discussions will, in turn, inform negotiations on the definition of a post-2025 collective climate finance goal.

Another broader question is how COP 27 will fare in addressing the concerns of its host continent, be it in terms of the proposed consideration of the special needs and circumstances of Africa, substantive issues such as adaptation, or possible participation constraints due to the hotel prices in the conference’s host city.

View past and future events

Past event

11th Session of the Intergovernmental Negotiating Committee for a Framework Convention on Climate Change (INC/FCCC)

Past event

UNFCCC COP 1

Past event

1st Session of the Ad Hoc Group on the Berlin Mandate

Past event

1st Session of the UNFCCC Subsidiary Bodies (SB 1)

Past event

2nd Session of the Ad Hoc Group on the Berlin Mandate

Past event

1995 Year-end Update on UNFCCCC

Past event

2nd Session of the UNFCCC Subsidiary Bodies (SB 2)

Past event

3rd Session of the Ad Hoc Group on the Berlin Mandate

Past event

UNFCCC COP 2

Past event

5th Session of the Ad Hoc Group on the Berlin Mandate and 4th Session of the UNFCCC Subsidiary Bodies (SB 4)

Past event

5th Session of the UNFCCC Subsidiary Bodies (SB 5)

Past event

6th Session of the Ad Hoc Group on the Berlin Mandate

Past event

6th Session of the UNFCCC Subsidiary Bodies (SB 6)

Past event

7th Session of the UNFCCC Subsidiary Bodies (SB 7)

Past event

UNFCCC COP 3

Past event

UNFCCC COP 4

Past event

10th Session of the UNFCCC Subsidiary Bodies (SB 10)

Past event

UNFCCC COP 5

Past event

12th Session of the UNFCCC Subsidiary Bodies (SB 12)

Past event

13th Session of the UNFCCC Subsidiary Bodies (SB 13)

Past event

UNFCCC COP 6

Past event

UNFCCC COP 6 Part II

Past event

UNFCCC COP 7

Past event

16th Session of the UNFCCC Subsidiary Bodies (SB 16)

Past event

UNFCCC COP 8

Past event

18th Session of the UNFCCC Subsidiary Bodies (SB 18)

Past event

UNFCCC COP 9

Past event

Workshop on "Forests and Forest Ecosystems: Promoting Synergy in the Implementation of the Three Rio Conventions"

Past event

20th Session of the UNFCCC Subsidiary Bodies (SB 20)

Past event

UNFCCC COP 10

Past event

22nd Session of the UNFCCC Subsidiary Bodies (SB 22)

Past event

UNFCCC COP 11

Past event

24th Session of the UNFCCC Subsidiary Bodies and Associated Meetings

Past event

Nairobi Climate Change Conference – November 2006

Past event

26th Sessions of the Subsidiary Bodies of the UNFCCC and Associated Meetings

Past event

Vienna Climate Change Talks - August 2007

Past event

Bali Climate Change Conference - December 2007

Past event

Bangkok Climate Change Talks - March/April 2008

Past event

Accra Climate Change Talks - August 2008

Past event

Poznań Climate Change Conference - December 2008

Past event

Bonn Climate Change Talks - March/April 2009

Past event

Bonn Climate Change Talks - June 2009

Past event

Bonn Climate Change Talks - August 2009

Past event

Bangkok Climate Change Talks - September/October 2009

Past event

Barcelona Climate Change Talks - November 2009

Past event

Copenhagen Climate Change Conference – December 2009

Past event

Bonn Climate Change Talks - April 2010

Past event

Bonn Climate Change Talks - May/June 2010

Past event

Bonn Climate Change Talks - August 2010

Past event

Tianjin Climate Change Talks - October 2010

Past event

Cancún Climate Change Conference - November 2010

Past event

Bangkok Climate Change Talks - April 2011

Past event

Bonn Climate Change Conference - June 2011

Past event

Panama City Climate Change Conference - October 2011

Past event

Durban Climate Change Conference - November 2011

Past event

Bonn Climate Change Conference - May 2012

Past event

Bangkok Climate Change Conference - August 2012

Past event

Doha Climate Change Conference - November 2012

Past event

Bonn Climate Change Conference - April 2013

Past event

Bonn Climate Change Conference - June 2013

Past event

Warsaw Climate Change Conference - November 2013

Past event

Bonn Climate Change Conference - March 2014

Past event

Bonn Climate Change Conference - June 2014

Past event

Bonn Climate Change Conference - October 2014

Past event

Lima Climate Change Conference - December 2014

Past event

Geneva Climate Change Conference - February 2015

Past event

Bonn Climate Change Conference - August 2015

Past event

Bonn Climate Change Conference - October 2015

Past event

Paris Climate Change Conference - November 2015

Past event

Bonn Climate Change Conference - May 2016

Past event

Marrakech Climate Change Conference - November 2016

Past event

Bonn Climate Change Conference - May 2017

Past event

Fiji / Bonn Climate Change Conference - November 2017

Past event

Bonn Climate Change Conference - April 2018

Past event

Bangkok Climate Change Conference - September 2018

Past event

Katowice Climate Change Conference - December 2018

Past event

Bonn Climate Change Conference - June 2019

Past event

Latin America and Caribbean Climate Week 2019

Past event

Chile/Madrid Climate Change Conference - December 2019

Past event

June Momentum for Climate Change

Past event

UN Climate Change Dialogues 2020

Past event

Climate Ambition Summit 2020

Past event

2021 Sessions of the UNFCCC Subsidiary Bodies

Past event

Glasgow Climate Change Conference

Past event

Bonn Climate Change Conference - June 2022

Past event

Sharm El-Sheikh Climate Change Conference - November 2022

Past event

Bonn Climate Change Conference - June 2023

Past event

Middle East and North Africa (MENA) Climate Week

Past event

UN Climate Change Conference - United Arab Emirates Nov/Dec 2023

To receive free coverage of global environmental events delivered to your inbox, subscribe to the ENB Update newsletter.

All ENB photos are free to use with attribution. For the Sharm El-Sheik Climate Change Conference, please use: Photo by IISD/ENB | Mike Muzurakis

Event organised by

Tags