What’s at stake for COP27 climate talks in Egypt?
2 years, 1 month ago

What’s at stake for COP27 climate talks in Egypt?

Al Jazeera  

Developing countries experiencing the worst effects of climate change will aim to obtain financial help from rich nations responsible for the biggest share of emissions. The Conference of the Parties is the supreme decision-making forum of the United Nations Framework Convention on Climate Change, an international environmental treaty signed by 198 countries and which came into force in 1994 to combat “dangerous human interference with the climate system”. Developing countries experiencing the worst effects of climate change will aim to obtain financial help from industrialised nations responsible for the biggest share of emissions, which have yet to deliver on promises of regular finance for both adaptation and mitigation efforts. As last year’s pledges on issues including phasing out coal power and curbing deforestation left the world on track to hit 2.4C of warming, the formal outcome of COP26 – the Glasgow Climate Pact – requested the strengthening of the targets on mitigating greenhouse gas emissions, known as Nationally Determined Contributions.

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