Friday, December 09, 2022

They call for political will to meet climate goals in Egypt

The participation of more than a hundred dignitaries from different latitudes at the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) reaffirmed the growing awareness of the dire need to save the planet, highlighted the newspaper in an editorial.

But this will only be achieved by reducing emissions, meeting the targets set by the 2015 Paris Agreement and providing the necessary funds to help poor countries suffering most from the effects of climate change, he stressed.

The publication notes that “tough negotiations” will take place on two key points until the end of COP27, which ends tomorrow in the Egyptian resort of Sharm el-Sheikh in the northwestern Sinai Peninsula.

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The first is the creation of mechanisms to finance the loss and damage of developing countries as a result of this crisis, he indicates.

It is the first time that the issue has been discussed at a climate summit, as the previous edition of the COP, held in Glasgow last year, postponed the idea due to the refusal of the powers, especially the United States, to contribute. was given. money for the project.

According to a report by the Loss and Damage Collaboration, a group of more than 100 researchers, 55 of the most climate-sensitive economies suffered economic losses of more than $500 billion from 2000 to 2020.

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Al Ahram Weekly warned that another point of contention is compliance with established agreements to reduce emissions of polluting gases to limit the increase in temperature.

Scientists say the amount of greenhouse gases in the atmosphere needs to be halved by 2030 if we want to limit temperature rise to 1.5 degrees by the end of the century.

While it is easy to make elaborate speeches about committing to tackling climate change, there is clearly a lack of political will for mitigation efforts, they concluded.

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