COP27 in Egypt: Rich countries urged to pay for climate disasters | COP27

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COP27 in Éegypt : rich countries called upon to pay for climate disasters | COP27

On Sunday, Egyptian Foreign Minister Sameh Shukri kicked off the World Conference on UN climate conference, COP27, in Sharm el-Sheikh, Egypt.

The UN climate conference opened in Sharm el-Sheikh, Egypt, on Sunday with a new warning about accelerating global warming, the first of which will be funding for damages. once officially on the discussion menu.

The eight years from 2015 to 2022 have been the hottest on record, the World Meteorological Organization (WMO) said on Sunday in a report published on the occasion of the opening of the major annual global gathering on climate change.

“As COP27 begins, our planet is sending out a distress signal.

— Antonio Guterres, UN Secretary-General

UN Secretary-General Antonio Guterres made the comment in a video message to the participants, evoking a chronicle of climate chaos.

Through November 18, delegates from nearly 200 countries will seek to reinvigorate the fight against global warming as the multiple and interrelated crises gripping the world – war in Ukraine, inflation and the threat of recession, food crisis – raise fears that it is taking a back seat.

Let us implement together [our commitments] for humanity and our planet, launched the Egyptian Minister of Foreign Affairs, Sameh Choukri, who chairs COP27.

Fr Indeed, the impacts of climate change are multiplying, as illustrated by the procession of disasters that hit the planet in 2022: historic floods in Pakistan, repeated heat waves in Europe, hurricanes, fires, droughts…

Disasters whose costs are already in the tens of billions and for which the countries of the South are demanding financial compensation.

Floods killed more than 1000 in 2022 in Pakistan.

This sensitive issue of loss and damage was officially added to the agenda for discussions during the opening ceremony, whereas it was previously only to be the subject of than a dialogue, planned until 2024.

“This inclusion in the agenda reflects a sense of solidarity and empathy for the suffering of victims of climate-induced disasters.

— Sameh Shukri, Egyptian Foreign Minister

UN Climate Change chief Simon Stiell spoke about a crucial issue.

The success or failure of COP27 will be judged by whether or not we get an agreement on this loss and damage financing facility, warned Munir Akram, Pakistan's ambassador to the UN and Chairman of the G77+China, which represents over 130 emerging and poor countries.

The mistrust of developing countries is strong while the promise of the countries of the North to increase to 100 billion dollars per year from 2020 their aid to those of the South to reduce their emissions and prepare for the impacts is not outfit.

Agreement or not on a special mechanism to finance losses and damages or on a new objective to take over from 100 billion from 2025, the financing needs are counted in the billions of billions, Michai Robertson told AFP , negotiator for the Alliance of Small Island States (Aosis), judging that it will be impossible without the private sector.

Another burning issue: avoiding a rollback on already insufficient emissions reduction commitments. Only 29 countries have tabled enhanced reduction plans since the 2021 COP, even though they had adopted a pact calling on them to do so.

Gas emissions from greenhouse gases need to fall by 45% by 2030 to have a chance of limiting warming to 1.5°C above pre-industrial levels, the Accord's most ambitious goal. of Paris.

But current state signatory pledges, even if finally met, would result in a 5-10% rise in emissions, putting the world on a 2.4°C trajectory at best by the end. of the century.

We are therefore far from respecting the main objective of the Paris Agreement of less than 2°C compared to the time when humans began to burn on a large scale the fossil fuels (coal, oil or gas) responsible for global warming.

With current policies, a catastrophic +2.8°C is looming, according to the UN.

Specialized UN agencies UN see no credible way to meet the 1.5°C target.

Big oil companies tend to overestimate their efforts to reduce their greenhouse gas emissions, according to a recent report by Greenpeace.

More than 120 heads of state and government are expected on Monday and Tuesday for a summit that is supposed to give impetus to these two weeks of negotiations.

However, it will be without Chinese President Xi Jinping or American Joe Biden, which will move quickly to the COP on November 11. Cooperation between the world's two main emitters of greenhouse gases, whose relations are strained, is nevertheless crucial. MM. Xi and Biden could, however, meet in Bali the following week on the sidelines of the G20.

Saudi Crown Prince Mohammed bin Salman, an ardent supporter of oil production, will on the other hand be present in Sharm el-Sheikh, as well as the new British Prime Minister, Rishi Sunak, who assured that he would also raise in Egypt the case of the British-Egyptian political prisoner Alaa Abdel Fattah, on hunger strike and who, according to his family quit drinking on Sunday.

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