Post-COP27, focus turns to climate financing

On this episode, we assess the major policy announcements from the COP27 climate summit and what they mean for the sovereign and corporate credit environment and for climate risk modeling. We discuss the “loss and damage” agreement on providing aid to poorer countries that have suffered some of the worst effects of climate change, innovations in climate finance, and what new technologies will be needed to bring about carbon transition of hard-to-abate business sectors.Guests: Marie Diron, Managing Director – Sovereign Risk Group, Moody’s Investors Service; Swami Venkataraman, Associate Managing Director – Environmental, Social and Governance, Moody’s Investors Service; and Robert Muir-Wood, Chief Risk Officer, RMS, Moody’s Corp.Host: Jennifer Wong, Vice President, Sub-Sovereign Group, Moody’s Investors Service.To read more on this topic, visit The Big Picture page on Moodys.com (some content only available to registered users or subscribers).