'Our planet is still in the emergency room': All the reaction to the COP27 deal

James Murray
clock • 16 min read

In the early hours of Sunday morning the COP27 Climate Summit closed with a deal that has been simultaneously hailed as a major breakthrough and a huge disappointment.

In the early hours of Sunday morning the COP27 Climate Summit closed with a deal that has been simultaneously hailed as a major breakthrough and a huge disappointment. The final text of the agreement confirmed the adoption of historic plans to introduce a new funding mechanism to help climate vulnerable nations cope with climate-related Loss and Damage, marking a sizeable victory for nations from the Global South. However, at the same time many countries were left disappointed at the failure to secure a more ambitious agreement on phasing down the use of fossil fuels and accelerating glo...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

FIF25: SDR plans for MPS should be 'natural progression' for FCA
ESG

FIF25: SDR plans for MPS should be 'natural progression' for FCA

A ‘clear’ move for industry

Isabel Baxter
clock 05 June 2025 • 2 min read
FE fundinfo's Helen Slater: ESG's defence debate hinges on transparency
ESG

FE fundinfo's Helen Slater: ESG's defence debate hinges on transparency

Clearer disclosure will be key

Helen Slater
clock 05 June 2025 • 4 min read
Trump concerns cause global investors to shun US sustainable companies
ESG

Trump concerns cause global investors to shun US sustainable companies

Europe leads in climate investing

Beth Brearley
clock 04 June 2025 • 2 min read
Trustpilot