World leaders will converge in Sharm el-Sheikh, Egypt on Sunday for COP27, this year’s United Nations climate conference, where they will spend two weeks advancing global cooperation to cut planet-warming emissions and protect humanity from the impacts of climate change.

These annual events are about more than just negotiations between government officials. They are a forum for countries and companies to announce new climate commitments, like last year’s pledges to cut methane emissions, halt deforestation, and steer finance toward climate progress.

While last year’s conference was set against the backdrop of the COVID-19 pandemic, this year, it is Russia’s war in Ukraine and an impending global recession. Many Western countries are scrambling to wean themselves off Russian oil and gas, causing energy prices to soar and driving renewed interest in energy security. As a result, some countries are both speeding …

Read More »