COP27: UN climate conference heads into final week with climate goals unclear – nationwide
Global climate talks in Egypt headed late on Monday, leaving many uncertainties over whether there will be any substantive agreement to combat climate change.
Tens of thousands of participants, including delegates from nearly 200 countries, observers, experts, activists and journalists, returned to the conference zone of the Red Sea resort of Sharm el-Sheikh after a day’s rest.
The UN’s chief climate officer appealed for constructive diplomacy to rival the high-handed rhetoric heard on the first day of the talks.
“Remind negotiators that people and the planet rely on this process to deliver results,” said Simon Steele, UN Climate Change Executive Director.
“Let’s use the rest of our time in Egypt to build the bridges we need for progress,” he added, limiting global temperature rise to 1.5 degrees Celsius (2.7 degrees Fahrenheit) as agreed in the Paris Agreement. , provides financial assistance to vulnerable countries seeking to adapt to and cope with the impacts of climate change.
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What happens at the G-20 in Bali, and what happens at the sidelines of the meeting between US President Joe Biden and Chinese President Xi Jinping, will be crucial to what happens at the climate summit. It will be something. Alden Meyer, a longtime UN climate change conference observer, said Egypt would have an easier time if the G20 made progress on climate, but a backsliding, especially on Goal 1.5, would undermine the climate summit. Environmental think tank E3G.
“What the two presidents have decided in Bali will have a direct impact on the final game here in Sharm el-Sheikh,” he said.
The Biden-Xi handshake has already been well-marked by COP negotiators, who are also considering whether the US and China can resume formal talks on climate.
A key question is whether the G-20 will repeat the commitment to the 1.5 degree climate target it made last year when it also declared it to be the G-20’s target. If there was pressure to stop it, Meyer said, it would be a setback in the fight against climate change.
COP27, the past climate conference in the past, will put together a “cover decision”. Like the Glasgow Climate Accord, this is a blanket document that sets out political goals and is often named after the meeting venue. But discussions on the cover decision started late, Meyer said.
“The negotiator’s job is not to yield until ministers come,” he said.
Some delegates had already spoken of the possibility of a strike by developing countries unless their key demands for more aid to poorer countries were met during the talks.
The main theme of the COP27 conference is to give the wealthy countries who have benefited most from the industrialization that contributed to global warming more resources to help the poorer countries who contribute the least to global emissions. It was a request to do something. Their demands include compensation for loss and damage from extreme floods, storms and other devastating effects of climate change suffered by developing countries.
“Rich countries now need to do their part,” said Rachel Kretas, policy director and chief economist at the Coalition of Concerned Scientists.
“So this will be the litmus test for success at this COP, COP27. This loss and damage financing facility will be agreed here and it will be operational within two years,” Cleetus said. said at the conference.
The G7 nations on Monday launched a new insurance system to provide rapid financial aid should countries be hit by the devastating impacts of climate change.
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The so-called Global Shield is backed by the V20 group of 58 climate-vulnerable countries and will initially receive more than €200 million ($) in funding, primarily from Germany. Initial recipient countries include Bangladesh, Costa Rica, Fiji, Ghana, Pakistan, Philippines and Senegal.
Ghana’s Finance Minister Ken Ofori Atta called it a “groundbreaking effort” to help protect communities when lives and livelihoods are lost.
But civil society groups are skeptical, using the program as a way to distract large polluters from broader efforts to make them pay for the loss and damage already caused by greenhouse gases. I warned you that you shouldn’t.
Poorer and more vulnerable countries are also seeking funding to support projects to transition to clean energy and adapt to global warming.
The Global Shield “has some useful elements, but it’s not a replacement for financial institutions of loss and damage,” Kritas said, adding that while rich countries donate millions of dollars, developing countries don’t. We need billions of dollars to deal with a hotter planet.
India made an unexpected offer over the weekend to end this year’s climate negotiations with a call to phase out all fossil fuels.
The idea is likely to receive strong backlash from oil and gas exporters, including the United States, which promotes natural gas as a clean “bridge fuel” to renewable energy.
The two diplomats, who spoke to the Associated Press on condition of anonymity because the proposals have yet to be formally discussed, said India may be looking to get a return on last year’s meeting. Countries have instead compromised by calling for vague “dwindling” but nonetheless deemed important as the fossil fuel industry was notified for the first time.
Negotiations are expected to conclude on Friday, but could be extended to the weekend if negotiators need more time to reach an agreement.
© 2022 The Canadian Press
COP27: UN climate conference heads into final week with climate goals unclear – nationwide
Source link COP27: UN climate conference heads into final week with climate goals unclear – nationwide
