The 27^th Session of the UN Conference of Parties' (COP27) came to an end on 20^th November 2022, in Sharm El Sheikh, Egypt. The historic 'Loss and Damage' finance arrangements related to the detrimental effects of climate change were adopted during the concluding plenary, which was presided over by COP27 President H.E. Sameh Shoukry.

The resolution recognizes the need to step up efforts to prevent, lessen, and deal with loss and damage brought on by adverse effects of climate change, and it notes that the current funding mechanisms are insufficient to fill gaps in providing action and support in response to loss and damage brought on by adverse effects of climate change. The parties decided to set up a new financial system for helping developing countries deal with loss and damage. During COP28, the transitional committee that will implement the new funds will be submitted for adoption. Click on the link to access the Loss and Damage Resolution document: http://bit.ly/3OmxzKk  

The New Qualified Goal on Climate Finance, the Mitigation Work Program, the Global Goal on Adaptation and Koronivia Joint Work Program on Agriculture are further resolutions that were adopted at COP27. Please see the link to the Resolutions from Sharm El Sheikh https://unfccc.int/cop27/auv

The Chair and Vice-Chair of the KEPSA Environment, Water and Natural Resources Sector Board, Ms Emily Waita and Ms Karen Basiye respectively, as well as the Climate Business Information Network Kenya (CBIN-K) Coordinator Ms Faith Ngige, participated in COP27 in Egypt on behalf of KEPSA. Also present at COP27 were representatives from the KEPSA Environment, Water and Natural Resources Sector Board as well as representatives of the CBIN-K.