Sharm El-Sheikh, Egypt –

The Finance Day was the first of the 11 Thematic Days of COP27. The day addressed several aspects of the climate finance ecosystem, including blended finance and innovative financial instruments, tools and policies to scale up and enhance access to climate finance, notably related to debt for environment swaps, and reducing the cost of green borrowing.

President Abdel Fattah El-Sisi and His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, witness the signing of a memorandum of understanding to develop the measurement project for the construction of a 10 gigawatt wind power plant, on the sidelines of the COP27 World Climate Summit.

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Within the framework of the economic crisis that the world is experiencing at the moment , and during the recent publication of the latest disappointing quarterly results, the head of the group Mark Zuckerberg said that the number of employees in the company should not increase by the end of 2023, it should even decline a little.