DAA Daily

Why is COP27 essential and what does it entail?

By: Andreea Dibo, Health & Environment, The Pawprint

Every year, the United Nations (UN) holds climate conferences to help governments decide on actions to keep global temperature increases to a minimum.

They are known as COPs, or “Conference of the Parties.” The parties are the participating nations that signed the first UN climate accord in 1992. The 27th annual UN climate conference is known as COP27.

Leaders leave for COP27 in Egypt, the COP27 UN Climate Change Conference in Sharm el-Sheikh, Egypt is slated to increase the scope and efficacy of innovation (SDGs). This meeting will last for 12 days, from Sunday, 6 November to Friday, 18 November.

COP 27 is moving the needle on reducing greenhouse gas emissions and enhancing climate change resilience, innovation in the field of climate action is essential. It supports both behavioral and system improvements. For instance, innovation can be used in ways to produce clean energy, ways to increase the sustainability of the building industry, and ways to increase the resilience of the food supply chain to climatic changes.

Countries were requested to submit comprehensive national climate strategies prior to the meeting. So yet, only 25 people have done so.

COP27 will concentrate on three key topics:

  • Emissions reduction
  • Supporting nations in their efforts to combat and prepare for climate change
  • Securing technical assistance and financial help for developing countries

However, according to climate specialists who spoke to the BBC, the global energy and financial crises have diverted governments worldwide, which has slowed down progress in 2022.

How is COP27 turning out

  • Emissions reduction
  • Supporting nations in their efforts to combat and prepare for climate change
  • Securing technical assistance and financial help for developing countries

However, according to climate specialists who spoke to the BBC, the global energy and financial crises have diverted governments worldwide, which has slowed down progress in 2022.

How is COP27 turning out

The UN issued a warning last week that a global catastrophe is near. A new legislation in the US and a change of administration in Brazil can stop the destruction of the Amazon rainforest, respectively.

Human-caused emissions, primarily from the combustion of fossil fuels like coal, oil, and gas, are to blame for global warming.

According to the Intergovernmental Panel on Climate Change (IPCC), which is composed of climate scientists from the UN, global temperatures have increased by 1.1C and are heading towards 1.5C. However, other scientists think that no matter what is decided at COP27, global leaders have left it too late and 1.5C will not be attained

The IPCC predicts that half of humanity might be exposed to heat and humidity that pose a threat to life if temperatures increase by 1.7 to 1.8C above levels of the 1850s.

At a COP27 summit, a major goal to avoid climate change from increasing global temperatures is at risk.

The limit is crucial because, according to climate experts, temperature increases must be moderate if we hope to prevent the worst effects of climate change. They claim that by 2100, global warming must be limited to 1.5C.

There will be a busy week of negotiations between ministers and their representatives in Sharm El-Sheikh as pressure builds for this summit to end with a powerful political statement.

What was agreed at the COP27 meeting

A new funding arrangement on loss and damage has been hailed as a “historic event” since it creates a shared fund for the nations most impacted by climate change. It can be considered the greatest significant advancement in climate change since the COP 2015 Paris Agreement.

That won’t be resolved right away by the COP27 loss and damage judgment.

Countries suffering from heavy climate change were considered ghosts to the wealthier nations until this COP27 summit.

However, there wasn’t much progress in reducing the use of fossil fuels.

“A clear commitment to phase-out all fossil fuels? Not in this text,” said the UK’s Alok Sharma, who was president of the COP26 summit in Glasgow.

Many countries like the UK, EU and New Zealand left the summit unhappy with barely any talk and progress on reducing climate change and fossil fuels.

Commitments to “phase down” or minimize the usage of fossil fuels were not included in the overall agreement that was reached.

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