COP27 Diary: India’s Strategy To Reach Net Zero, Alliance Of World’s Three Largest Rainforest Nations And More Top Developments
COP27: Several important steps were taken at the 27th United Nations Climate Change Conference on November 14, 2022, including India releasing its long-term low emissions and development strategies, the world's three largest rainforest nations forming an alliance, and G7 nations launching the Global Shield plan, among others. COP27: Alliance Of The World's Three Largest Rainforest Nations The three largest rainforest nations in the world, Brazil, Democratic Republic of Congo and Indonesia, formally formed a triple alliance on November 14, 2022. COP27 Could Agree On 'Loss And Damage' Finance For Countries Hit By Climate Change-Driven Disasters According to a draft text published by the United Nations on November 14, COP27 could agree on 'loss and damage' finance for countries impacted by climate change-driven extreme weather events or disasters, Reuters reports. COP27: G7 Nations Launch 'Global Shield' Plan The G7 nations launched a plan called 'Global Shield' on November 14 The plan will provide climate funds to disaster-hit countries, Reuters reports.
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