climate finance

UN Secretary-General António Guterres' COP 27 Concluding Remarks

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This month global leaders gathered in Sharm el-Sheikh, Egypt, for COP27 where nations affirmed and expanded their commitments to limit global warming by reducing greenhouse gas emissions. VX News shares these concluding remarks by UN Secretary-General António Guterres highlighting the commitment of $100 billion per year in climate financing for developing countries as well as the ongoing and immediate need for member nations to drastically reduce emissions this decade.