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The COP27 fund is an important step forward. But it’s not climate justice.

Sherry Rehman, minister of climate change for Pakistan, speaks during a closing plenary session at the COP27 U.N. Climate Summit, Sunday, Nov. 20, 2022, in Sharm el-Sheikh, Egypt. (AP Photo/Peter Dejong)

By launching $14bn in climate financing, Africa shows it is running out of patience for the West’s failed promises.

Demonstrators participate in a don't gas Africa protest at the COP27 U.N. Climate Summit, Tuesday, Nov. 15, 2022, in Sharm el-Sheikh, Egypt. (AP Photo/Peter Dejong)