This year's U.N. climate summit featured visits by world leaders, proposals by business leaders, and negotiations by nearly 200 nations about the future of global action on climate change.
Here are some of the key takeaways from the two-week COP27 summit held in the Egyptian resort of Sharm el-Sheikh:After years of resistance from rich governments, nations for the first time agreed to set up a fund to provide payouts to developing countries that suffer "loss and damage" from climate-driven storms, floods, droughts and wildfires.
Despite being the standout success of the talks, it will likely take several years to hammer out the details over how the fund will be run, including how the money will be dispersed and which countries are likely to be eligible.The final COP27 deal drew criticism from some quarters for not doing more to rein in climate-damaging emissions, both by setting more ambitious national targets and by scaling back use of fossil fuels such as coal, oil and natural gas.
While the deal text called for efforts to phase down use of unabated coal power and phase-out inefficient fossil fuel subsidies, some countries had pushed to phase out, or at least phase down, all fossil fuels. But from the opening speeches to the gaveling of the final deal, the use of fossil fuels was affirmed for the near future.
President Sheikh Mohammed bin Zayed al-Nahyan of the United Arab Emirates - host of next year's COP28 climate summit - said his country would
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Historic agreement: COP27 seals ‘down payment on climate justice’COP27 summit saw the implementation of a fund to compensate cash-strapped developing countries that are particularly vulnerable to the impacts of climate change.
Weiterlesen »
COP27 leaves world on dangerous warming path despite historic climate fundThe final decision of the U.N. Climate Conference on Sunday yielded a breakthrough in addressing the hazards already ravaging the planet but made little progress on emissions-cutting measures that could avert even worse disasters to come.
Weiterlesen »
COP27 conference approves historic climate damage fund for developing nations | EngadgetThe COP27 climate conference delivered a breakthrough deal to help developing nations cope with the often catastrophic effects of climate change..
Weiterlesen »
Global South Campaigners Applauded for Securing Loss and Damage Fund in COP27 Deal\u0022This is a testament to the incredible mobilization of vulnerable countries and civil society,\u0022 said one campaigner. \u0022Much work still to be done but a dam has broken.\u0022
Weiterlesen »
'Colossal Fossil': US 'Isolated' in Opposition to Loss and Damage Fund at COP27A draft proposal put forward by Egypt on Saturday included funding for countries devastated by the climate crisis, but like an earlier draft left out a phaseout of fossil fuel use.
Weiterlesen »
At COP27, Poorer Countries Secure Climate-Damage Fund Without Pledging Faster Emissions CutsPoorer countries secured a deal at United Nations climate talks to create a fund for climate-related damage as part of a broader agreement that failed to yield faster cuts in global emissions.
Weiterlesen »