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Draft Cop27 agreement fails to call for ‘phase-down’ of all fossil fuels | Cop27

The UN climate agency has published a first draft on Thursday of what could be the overarching agreement from the Cop27 climate summit in Egypt However, much of the text is likely to be reworked in the coming days.

The reaction from some NGOs has been swift and frustrated, with one Greenpeace representative saying it paved the way for “climate hell”.

The document, labelled a “non-paper”, indicating it is still far from the final version, repeats the goal from last year’s Glasgow climate pact to “to accelerate measures towards the phase-down of unabated coal power and phase out and rationalise 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 EU had requested. The text does not include details for launching a fund for loss and damage, a key demand from the most climate vulnerable countries 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 working on the contentious topic.

The document “stresses the importance of exerting all efforts at all levels to achieve the Paris agreement temperature goal of holding the increase in the global average temperature to well below 2C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5 C above pre-industrial levels”.

The document is based on requests that delegates from almost 200 countries have sought to be included in the final deal. It will provide a basis for negotiations over the coming days that are likely to substantially flesh out and rework the text.

Greenpeace International’s Cop27 head of delegation, Yeb Saño, reflected the general frustration, saying: “The Cop27 presidency pushes the pedal to the metal on the highway to climate hell.

“After initially failing to even mention fossil fuels, the draft text is an abdication of responsibility to capture the urgency expressed by many countries to see all oil and gas added to coal for at least a phase down. It is time to end the denial, the fossil fuel age must be brought to a rapid end.”

Read More: Draft Cop27 agreement fails to call for ‘phase-down’ of all fossil fuels | Cop27

2022-11-17 03:42:00

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