Draft COP27 agreement fails to call for ‘phase-down’ of all fossil fuels
The United Nations climate agency published a first draft on Thursday https://href.li/?https://unfccc.int/sites/default/files/resource/Presidency%20non-paper2%20on%20cover%20decisions.pdf of what could be the overarching agreement from the COP27 climate summit https://href.li/?https://grist.org/cop27/ in Egypt. However, much of the text is likely to be reworked in the coming days.
The reaction from some nonprofits has been swift and frustrated, with one Greenpeace representative saying it https://href.li/?https://www.theguardian.com/environment/live/2022/nov/17/cop27-draft-cover-text-published-fears-lack-ambition-live?filterKeyEvents=false&page=with:block-6375e26b8f08341844537bae#block-6375e26b8f08341844537bae paved the way for “climate hell.”
The document, labeled a “non-paper,” indicating it is still far from the final version, repeats the goal from last year’s Glasgow climate pact “to accelerate measures towards the phase-down of unabated coal power and phase out and rationalize inefficient fossil fuel subsidies.”
Last year was the first time a decision agreed by all parties even mentioned fossil fuels and coal as part of the climate.
But it does not call for a phase-down of all fossil fuels, as India and the European Union had requested. The text does not include details for launching a fund for loss and damage https://href.li/?https://grist.org/international/cop27-loss-and-damage-climate-reparations/, a key demand from the most climate vulnerable countries https://href.li/?https://www.theguardian.com/environment/2022/nov/05/climate-loss-and-damage-why-its-such-a-big-deal-at-cop27 such as island nations. Rather, it “welcomes” the fact that parties have agreed for the first time to include “matters related to funding arrangements responding to loss and damage” on the summit agenda.
It does not include a timeline for deciding on whether a separate fund should be created or what it should look like, giving time for negotiators to continue to work on the contentious topic. |[Read more](Draft COP27 agreement fails to call for ‘phase-down’ of all fossil fuels | Grist https://grist.org/cop27/draft-cop27-agreement-fails-to-call-for-phase-down-of-all-fossil-fuels/)|
#environment #cop27 #world #climate crisis #greenwashing #no commitment
