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COP27 PRESIDENCY VISION
FOR UNITED NATIONS CLIMATE
CHANGE CONFERENCE

The COP27 agenda emphasizes action across the board on climate change by continuing to reduce emissions and address
climate change adaptation aiming at saving lives and livelihoods.

It reiterates a just and managed transition to a more sustainable economy to ensure no one is left behind.

Its vision is for an implementation COP that focuses on how the world pays for the estimated $USD125 trillion bill to
tackle climate change by 2050 (according to the IEA).

 Egypt’s COP27 Presidency set out its vision for the 2022 United      extremely adversarial trajectory. We need to find creative
 Nations Climate Change Conference. The aim is to make                ways to come up with finance.
 COP27 an “implementation COP” by urging action across prior
 agreements through all areas of climate change need, with            Most importantly we need all stakeholders on board…
 a focus on protecting people from the immediate impacts of           if we are to save lives and livelihoods and if we are to
 climate change, ensuring no one is left behind.                      transform global economies from, an unsustainable
                                                                      model that's been followed for more than two centuries,
  Speaking from Cairo, on 28 September, about the vision for          to a sustainable low emission one that takes care of
  COP27, H.E. Sameh Shoukry, Egyptian Minister of Foreign             impoverished people and those suffering from the
                                                                      negative impacts of climate change.
"Affairs and COP27 President-Designate, said:
      We must accelerate climate action on all fronts including   The focus on a just and managed transition to a new sustainable
      mitigation, adaptation and finance in addition to adopting  economic model was highlighted as critical to progress at COP27.
      more ambitious mitigation measures to keep the 1.5c         The Paris Agreement recognised that nations have combined but
      within reach. There can be no room for delay in the         differentiated responsibilities due to their historical greenhouse
      fulfilment of climate pledges or backtracking on hard       gas emissions. This puts the responsibility on developed nations
      earned gains in the global fight against climate change.    to help developing nations with appropriate finance to make the
      We must work together for implementation. We need to        transition to a more sustainable economy over time. The COP27
      act, and act now, to save lives and livelihoods.            Presidency points to the need to first meet current financial
                                                                  commitments, with the $100 billion finance goal and the doubling
  Speaking at the COP27 Global Press Briefing,                    of global adaptation finance and take global ambition on finance
  Amb. Wael Aboulmagd, Special Representative of the COP27        further if we are to deliver effective climate action.

"President, said:                                                 To drive home its vision, the COP27 Presidency launched “Act
      We cannot underplay the threat that humanity is facing      Now”, a film which highlights the real and present danger
      due to climate change; 4% of global economic output         of climate change, its man-made origins and its man-made
      could be lost by 2050 due to climate change and 5 million   solutions. It aims to encourage global decision makers to avoid
      people die every year because of temperature extremes…      backtracking and to follow through on pledges by impressing on
      which will only get worse as temperatures increase. The     them the need to act now, “because there is no extra time” and
      cross-cutting issue is always going to be finance. How      come together for implementation at COP27 in Sharm El Sheikh.
      are we going to pay for this? We cannot continue along an

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