COP27 finance day brings new U.S. energy transition plan, little compensation

China and U.S. resume informal talks over climate change cooperation

20221109N COP27

No shortage of finance projects have been proposed on climate change, though they fall far short of the U.N.-commissioned estimate of what the world requires. © Reuters

RHYANNON BARTLETT-IMADEGAWA, Nikkei staff writer

SHARM EL-SHEIKH, Egypt -- Finance was the theme Wednesday at the COP27 United Nations climate change conference, which saw a trickle of Western pledges of compensation for the ravages of global warming.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.