COP27: Show Me The Money–Supported By Policy
Fifty years ago, “The Limits to Growth” warned humans of the serious need to live in balance with Earth’s systems. The science is settled. Likewise, technologies that drastically reduce greenhouse gas emissions are available and increasingly cost-competitive–particularly in energy production and transportation, two of the most significant contributors to global emissions.
What is missing? This is not a difficult physics equation. While we live in a complex world, the laggards in this area are observable: money and societal will.
As countries enter the second week of the global negotiations at the 2022 United Nations Climate Change Conference in Sharm El-Sheikh, Egypt, typically referred to as COP27, success will depend on the ability of the negotiators to mobilize investments and advance policy at the conference to accelerate opportunities for progress in altering the trajectory of climate change.