Cop27: Loss-and-damage fund text criticised for ignoring the dinosaur in the room

Sir David King, former UK chief scientific adviser and chair of the Climate Crisis Advisory Group, said that even with the commitments made and reaffirmed [at Cop27] the world remains on track for 2.7 degrees, he warned. “By any measure, that represents a bleak future for humanity. Agreements on loss and damage, like any other support package, are only relevant if they are married with commitments that keep warming well below 1.5 degrees. One without the other is simply no good.

The decision text paves the way for the continued expansion of fossil fuels and increased climate impacts, the climate NGPThis was supposed to be the “Africa Cop” and an “implementation Cop” but was heavily influenced by the fossil fuel industry, it said. The Egyptian presidency, alongside the US, the EU, China, Gulf countries and Japan, and others, had failed to deliver, it said.

The final text references the science, the findings of the Intergovernmental Panel on Climate Change, and reaffirms the 1.5-degree target, and includes language on renewable energy and just transitions. “However, it goes on to undermine them by failing to include a just and equitable phase-out of all fossil fuels,” it underlined.

Source: Energy Industry News (energyindustrynews.net)

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