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Special Representative of COP27 President-Designate Wael Aboulmagd discusses the upcoming COP27 conference, the “implementation COP”, hosted in Sharm El Sheikh, Egypt. The conference addresses emission mitigation, economic problems and solutions related to climate change.
Already wind and solar in african country this is continuing as well so this is our job to bring down the costs of cleated clean technology and then those countries have a chance nevertheless we are not fast enough and this is why this conference of the global conference is so disappointing and a certain point because emissions are still high and this is why it causes damages to those nations and this is why we have to to give money for this adaptation fund we would be more happy to have no adaptation because we can remove climate impacts but that's not what what what is likely so we have to h...
So difficult from the economic perspective to get a right to get a right answer to this so you said in your opening statement that it's time to invest in the markets of the future but the fact is that many developing countries are going to find themselves putting scarce capital into adaptation into simply fortifying infrastructure to resettling displaced people who can no longer live in coastal areas again how can we best support them what are the best mechanisms instruments that are out there the first thing is that we have to reduce emissions and this is the best investment we can do into em...