James Shaw heads to COP27 with a $20m promise

Climate change minister James Shaw is heading to COP27 on Friday. (Image: BusinessDesk)

Wed, 09 Nov 2022

New Zealand is offering up to $20 million towards helping developing countries deal with the loss and damage caused by climate change.But that's a small step towards the trillions of dollars some say will be needed in coming years.Climate change minister James Shaw heads to the United Nations climate conference COP27 in Egypt on Friday, joining other politicians for the final stages of negotiations that started on Monday in Sharm El Sheikh.Most of the focus will be on the final parts of the ‘rulebook’ for the Paris Agreement, im...

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