CLEAN : African Ministers meet in Egypt's Cairo ahead of COP27

The video discusses the challenges and urgency of climate finance, particularly in Africa, which receives only 5.5% of global financing. It highlights the insufficiency, inefficiency, and high costs associated with climate finance, emphasizing the need for urgent action and the role of official sectors. The video also reflects on the time taken from the Copenhagen to Glasgow commitments, underscoring the need for more effective solutions.

Discuss the relationship between climate finance and development finance as mentioned in the text.

What is the significance of the Copenhagen and Glasgow commitments in the context of climate finance?