Has COP27 been a success? The MUFG Global Markets Podcast

With COP27 drawing to a close on 18th November, there are no clear signs of how it is going to conclude. The main negotiations (“blue zone”) have largely been as expected, with developed and emerging markets mostly taking their anticipated sides over key issues. The side events (“green zone”) have made progress but have not transformed pathways, especially given that many initiatives from last year’s COP26 have not been followed through.

Ehsan Khoman, Head of Commodities, ESG and Emerging Markets Research (EMEA) offers what markets can interpret from COP27 and whether what transpires as the final communique will lead to an acceleration in the energy transition and safeguarding energy security.

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