Planting 50 Billion Trees: The Most Ambitious Initiatives Announced at Egypt’s COP27 ...Egypt

(AP Photo/Nariman El-Mofty, File) Though it has only been a week, the 2022 United Nations Climate Change Conference (COP27) has already helped to raise the global climate finance target to USD 300 billion a year from USD 100 billion. The global climate finance target is a commitment by developed countries to jointly mobilize USD 100 billion per year by 2020 in support of developing countries, as part of the Paris Agreement. A number of initiatives have been announced to mobilize climate financing and ensure that commitments are translated into implementable projects, moving in line with the theme of this year’s conference: “together for implementation”. As COP27 is taking place in Egypt, it

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