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NEWS 6
The Priorities for UN Climate Change function properly and to yield the desired
Conference COP27 results. Finally, making the pivot toward
T implementation, which is an important step,
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he conference that was held in
because climate pledges aren’t worth the paper
November 2022, at Sharm el-Sheikh,
they’re written on if they aren’t taken off the
Egypt, defined five priorities, which can
be briefed as following; First, COP27 closed with page and turned into concrete action.
a breakthrough agreement to provide loss and
IP Management Clinic Will Focus on
damage funding for vulnerable countries hit Agriculture
recognize the need for finance to respond to W
hard by floods, droughts and other climate
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disasters. This was widely lauded as a historic
IPO and Sidley Austin’s Emerging
decision, because for the first time countries did
Enterprises Pro Bono Program are
joining forces to help Micro, Small
loss and damage associated with the and Medium Size Enterprises (MSMEs) who are
catastrophic effects of climate change, and developing solutions for the agriculture sector
ultimately agreed to establish a fund. Second, it that enhance food security or reduce pollution,
intended to keep 1.5°C within reach, which water use or carbon emissions. Companies
requires global greenhouse gas emissions to selected to take part in the IP Management
peak before 2025 and to be reduced by 43% by Clinic will benefit from a program of activities
2030. This means the global economy must spread over five months, specifically designed
“mitigate” climate change – in other words, to address their IP management needs, as
countries must reduce or prevent the emission determined in the application process. They will
of greenhouse gases to get where they need to receive advice on intellectual properties (IP)
be by 2030. Third, hold businesses and management strategies and guidance on how
institutions to account; this new phase of the IP system can be used to make their
implementation also means a new focus on products, services or business model more
accountability when it comes to the competitive in today’s market.
commitments made by sectors, businesses and To participate, Micro or SMEs must meet some
institutions, so the transparency of their criteria like having; an innovative green product
commitments will be a priority of UN Climate or technology and a clear business model, a
Change in 2023. Fourth, providing financial technology that is relevant to the agricultural
support for developing countries; finance is at industry, at least one registered IP right, an
the heart of all what the world is doing to entrepreneurial team (a minimum of 3 people),
combat climate change. As a result, mitigation, in addition to other criteria.
adaptation, loss and damage, climate It should be noted that The IP Management
technology – all of it requires sufficient funds to Clinic is a program that aims to help enterprises
to better utilize IP as part of their business
strategies.
To participate, applicants must complete the
questionnaire by April 21, 2023.
SJSI – 2023: VOLUME 1-1
