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An agreement was reached at the climate summit at the weekend. The 2022 Sharm El Sheikh Climate Change Conference (COP27) was a United Nations climate change conference officially scheduled to take place from 6 to 18 November 2022 in Sharm El Sheikh. The conference lasted a day and a half. On Sunday morning, the representatives of the 200 participating countries finally reached an agreement that includes agreements on a climate damage fund.
The Climate Trace website has been online since the climate summit. Here it is now possible for everyone to see where greenhouse gas emissions come from. The data is based on measurements from satellites and sensors on land and on ships and aircraft.
The following are the reactions of various parties and countries to the climate agreement:
A number of parties, including the EU, wanted countries to do more to prevent further global warming in exchange for the climate fund. Failed to get through it. It is regrettable that at the climate summit in Egypt no firm agreements were reached to phase out the use of fossil fuels in the countries that emit the most. This is what President of the European Commission Ursula von der Leyen says in response to the agreement that was concluded in Sharm-el-Sheikh.
According to von der Leyen, the goal of limiting global warming to 1.5 degrees is still alive, but apart from agreements on the reduction of fossil fuels at COP27, no new commitments have been made on ways to deal with climate change.
Climate Organization United Nations:
According to the UN organization that monitors climate policy, the agreement reached at the climate summit in Egypt on a climate damage fund is a breakthrough and a step in the right direction. “We have found a way forward in a decades-long conversation about financing loss and damage,” said Simon Stiell, head of the UNFCCC.
According to the UN organization, the decisions at COP27 show that the agreement to limit global warming to 1.5 degrees still stands. The host and chairman of the climate summit, Egyptian Foreign Minister Sameh Shoukry, was very pleased with the outcome of the summit and called the agreement on a climate damage fund “historic”. “Millions of people around the world can now feel a glimmer of hope that their suffering will finally be resolved quickly and appropriately,” Shoukry said.
Young climate movement:
The fact that during the climate summit in Egypt an agreement was reached on a climate damage fund for developing countries “should not hide the fact that the summit has been a big flop”. This was announced by the organization Young Climate Movement on Sunday after the climate consultations. “Two weeks of intense discussions about an injury fund have meant that we have not agreed on how to prevent that injury in the first place,” the organization said in a statement.
The Young Climate Movement calls it “simply embarrassing that the target of 1.5 degrees was again under discussion”. In the climate agreement from Paris, all countries have agreed to limit global warming to 2 degrees and preferably to 1.5 degrees. Disappointed reactions from the EU and its member states call the organization “a bright spot”.
The business organizations VNO-NCW and MKB-Nederland call it “important” that steps have been taken at the UN climate summit in Egypt to help poor countries with climate damage and adaptation to the changing climate. “It is precisely the Dutch business community and knowledge institutes that can play an important role in this,” write the lobby groups in an initial response. They also refer to Dutch knowledge about the fight against water.
VNO-NCW and MKB-Nederland state that they will study the “exact results of COP27” even more closely. According to the entrepreneurs, it is above all crucial for the Dutch business community to continue working with the national implementation of everything that has been agreed in the coalition agreement and by the EU in Brussels.
“Implement, implement, implement. This is what it’s all about in the coming years,” says the organizations.
British Prime Minister Sunak:
British Prime Minister Rishi Sunak believes that more must be done to combat global warming than was agreed at the climate summit in Egypt. “I welcome the progress made at COP27, but there is no time for complacency,” he wrote on Twitter. “More needs to be done.”
Sunak states that “it is crucial for the future of our planet” not to allow global temperatures to rise above 1.5 degrees. That goal was set at a previous climate summit in Paris (2015).
The Dutch climate scientists Heleen de Coninck and Pieter Pauw agree: The creation of a climate damage fund is a historically important decision. Early Sunday morning at the United Nations climate summit in Sharm el-Sheikh, nearly 200 countries agreed on a fund to compensate developing countries vulnerable to the effects of climate change.
What that fund will look like is still unclear. “It will be very exciting,” Pauw thinks. If it is up to the EU and a number of other early industrialized countries, they will not have to bear the costs of the fund alone. However, countries that are still formally developing countries, but which now emit a lot of greenhouse gases, such as China, Qatar and the United Arab Emirates, do not want to contribute. This is not a fair distribution, the EU believes.
The researchers both work at Eindhoven University of Technology and contributed to the so-called Emissions Gap Report, which was published in October by the UN Environment Office. They see the Sharm el-Sheikh climate agreement falling short when it comes to limiting climate change. The agreements to reduce the emission of greenhouse gases are almost a copy of last year in Glasgow. “Actually, we lost a year,” they say.
De Coninck and Pauw also see a glimmer of hope on the horizon. For example, the final agreement includes a section on making the financial system more sustainable. “This is a warning to commercial banks to do more about climate change,” says Pauw. De Coninck is pleased with the presence of Climate Minister Rob Jetten at COP27. “Hopefully it will give new fire to work much harder in the Netherlands and phase out the use of fossil fuels.” Furthermore, she is pleased that the final chord always refers back to science. “It was different once,” she recalls.
China has warned after the climate summit that there is a “long way to go” in global cooperation to combat global warming. China’s Ministry of Foreign Affairs pointed out that “developed countries are still not meeting their commitment to commit $100 billion a year in climate finance for developing countries.”
China is the second largest economy in the world, but is still formally classified as a developing country. The Asian superpower showed during the summit that it would stick to that status. The list of developing countries goes back to the 1990s, and some countries have become much richer since then. For example, resource-rich states like Saudi Arabia are still classified as developing countries
Agreements were made years ago about the 100 billion that China referred to. Rich countries then pledged that they would contribute that amount annually until 2025, but the target has still not been met.