YKCenter at COP 27 in Sharm El-Sheikh, Egypt
The event was covered by Times of Israel writer Sue Surkes:
Israeli climate finance experts gather some of the world’s top brains at COP27 event
SHARM EL-SHEIKH, Egypt — One of the greatest challenges in bringing down global warming emissions and enabling the world to adapt to the consequences of climate change is how to shift trillions of dollars invested in initiatives that harm the planet to ones that will help it heal.
The Paris-based International Energy Agency has estimated that some $4 trillion worth of investments in clean energy projects and infrastructure will be needed annually until 2030 in order to meet the 2015 Paris commitment to keep temperature rises to an average of 1.5 degrees Celsius, compared with pre-industrial times.
And an annual $10 trillion is said to be needed to implement the UN’s 17 Sustainable Development Goals by 2030 to 2035 — goals that include climate action alongside improving society in areas such as health, education, increased equality and access to clean natural resources.
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