Anna Gelpern is an Anne Fleming Research Professor at Georgetown Law and a nonresident senior fellow at the Peter G. Peterson Institute for International Economics. She has published research on government debt, contracts, and regulation of financial institutions and markets.

December 8, 2022

Analysis

Money and the Climate Crisis

COP27 and financing the green transition

, Anna Gelpern, Avinash Persaud, Rishikesh Ram Bhandary, Brad Setser, Adam Tooze

The conclusion of COP27 reflected persisting uncertainties around coordinated global action towards decarbonization. Major agreements—including the establishment of a loss and damage fund—were reached, but the burden of mounting debt among global South countries continued to limit climate ambition. The…