As COP27 drags into 11th hour, worrying divergences remain on key issues

“While it was pitched as an implementation COP, COP27 is turning into a ‘repetition’ COP. The situation is serious with a deadlock on an agreement for a Loss and Damage finance facility.” said Yeb Saño, Greenpeace Southeast Asia Executive Director.

Saño was speaking at a press briefing by Climate Action Network in Egypt, on Friday, November 18, 2022, the official last day of COP27.

...Mohamed Adow, Power Shift Africa Director, said: “It’s good to see the EU make a concrete offer to respond to the crisis of the vulnerables in ensuring a Loss and Damage response fund is established in Sharm El-Sheikh. But truth be told, the fund shouldn’t be used as a poison pill to fix old divisions around expanding the donor base. As much as that might be needed. Trying to tie the fund to other important issues that this COP needs to resolve won’t help with the politics of actually establishing the fund here.

Previous
Previous

UN climate negotiators agree on potential compensation fund for poor nations, says Maldives minister

Next
Next

COP27 debate on who should pay for climate loss and damage reopens old wounds