Featured in And the winner is… – 01-2023

‘Show me the money’

While national representatives at the COP27 climate summit tinkered with the details of measures to combat rising carbon emissions, the elephant in the room remained the yawning gap between the cash required to save humanity and the commitments made to finance that goal. Felicia Jackson recently went to Sharm El Sheikh, Egypt, to assess whether it will be public money, private investors, or global brands that will step up to the plate.

By

pv magazine

10 Jan 2023

Sameh Shoukry, Egypt’s minister of foreign affairs and the president of COP27, speaks during the event at Sharm El-Sheikh in November 2022. | Photo: UNFCCC/Kiara Worth

There is a long way to go to combat climate change. Brianna Lee Welsh, co-founder of green energy platform Reneum, notes that around 80% of the world’s energy still comes from fossil fuels. “Coupled with the fact that countries worldwide are focused on economic recovery in the face of market headwinds … decoupling from our …

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