COP27 gets knocks for stalling on fossils, cautious optimism on loss and damage fund
For the 27th time, the UN climate talks appear to have failed to directly address the biggest driver of the climate crisis: the production of gas, oil and coal. This is despite newfound momentum amongst world leaders who have called for the phase out of all fossil fuels inside the conference walls and beyond.
...Dean Bhekumuzi Bhebhe, Campaigns Lead for Power Shift Africa, said: “COP27 reiterates the long history of colonial exploitation of Africa. It served the fossil fuel industry and government elites to cement new pacts to continue to reap ever more indecent profits. As long as Global North countries avoid cooperating and instead continue to feed the climate threat, no just transition is possible, neither for Africa, nor for the planet.”