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Closing the Weather and Climate Data Gap for Effective Economic Decision-Making

November 10, 2022
27th United Nations Climate Change Conference (COP27), Sharm el-Sheikh, Egypt

Above: Video recording of the event

Weather and climate data is essential for both finance ministries and the climate-science community to model the future, assess physical risks, and formulate climate strategies and policies. Yet serious data gaps exist, which severely affects the quality of weather and climate prediction globally and undermines the effectiveness of climate-related decision making. To address this long-standing problem, a new financing approach has been developed and a newly created financing mechanism will be presented at this event: the (SOFF).

This session, co-hosted by the and the , brought the finance ministry and climate-science communities together for the first time at a COP to discuss the urgency of closing the weather and climate data gaps and how Ministers of Finance can support this endeavor, as well as how climate data can be used by finance ministries to create more effective economic policies. 

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  • WHEN: 8:45 - 9:45 AM (local time / EET)
  • MEETING NUMBER (ACCESS CODE): 2305 915 3189
  • MEETING PASSWORD: MkG4ZrUi2s2