After the closure of COP27 in Charm El-Cheikh in Egypt, on November 20, Aurore Mathieu, International Policy Manager within the Action Action Network France, draws the first lessons. She deplores the double language of many states in particular on the outing of fossil fuels.
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Crucial climate event, the 27
despite the conclusions of the last report of the Intergovernmental Experts on Climate Evolution ( IPCC), the final decision of the COP27 does not mention a peak in greenhouse gas emissions at the latest in 2025 and does not commit countries to drastically reduce their emissions. Is it a failure?
The final decision does not display, in fact, no progress compared to the COP of 2021 in Glasgow (Scotland), while we wanted to see sectoral objectives that would accelerate the reduction of greenhouse gas emissions.
Developed countries have a very strong language in terms of reduction, but this is sometimes not aligned with a domestic level. The European Union (EU) has tried to defend ambitious positions [notably offering a peak in programs at the latest in 2025] but its current objective of reducing emissions is not aligned with the decision of the Paris Agreement. The observation is the same for the United States.
The countries of the North also dissociated the imperative from restricting warming under the 1.5 ° C of the question of equity, while the countries of the South have highlighted the need, for them, to obtain necessary financial and technological resources. The North did not hold its promise of climate financing. It was poorly perceived by the South.
During the COP, the Egyptian presidency did not take this subject head-on and poorly led the negotiation process: the countries could not dialogue, the final version of the text was communicated only Five minutes before the plenary [at 3 am, Sunday November 20], putting the countries at the foot of the wall.
What is the scope of the decision to create a fund to finance the losses and damage of countries most exposed to the impacts of climate change?
This historic decision is a victory for civil society in favor of climate justice. The developed countries finally answered the call launched almost thirty years ago.
However, the countries of the South remain a little suspicious concerning the realization of this fund. Who will benefit from it? Who will contribute to it? What will be the sources of funding? UN Secretary General Antonio Guterres had called to tax companies in the fossil fuels.
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