In this insightful wrap-up discussion on COP 27, Soenke Kreft, Executive Director of MCII and MCII Chair, Prof. Dr. Sweja Surminski, reflect on what progress was made, where negotiations fell short, and what the upcoming outlook holds. They explore critical next steps, such as operationalizing the new fund, scaling insurance mechanisms, and aligning global finance through institutions like the World Bank and the IMF.