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Egypt’s seaside resort of Sharm el-Sheikh has been decked up to host this year’s United Nations Climate Conference, popularly known as COP27. Over 30,000 people representing governments, businesses, NGOs, and civil society groups are attending the summit, which is being hosted by Africa for the first time.
Egypt’s seaside resort of Sharm el-Sheikh has been decked up to host this year’s United Nations Climate Conference, popularly known as COP27. Over 30,000 people representing governments, businesses, NGOs, and civil society groups are attending the summit, which is being hosted by Africa for the first time.
Set against the ongoing Russian-Ukraine war and its deleterious impact, particularly hyperglobal inflation and food crisis, the Summit will be a forum to set goals to be achieved for the next year. Many countries have had to scale back on their climate goals in the short term because of this looming crisis. Many predict that COP27 will witness demands from countries, particularly developing ones, to scale back the pledges made by them in the earlier summit.
The Paris Agreement on climate change, adopted by 196 contracting parties in 2016, set a goal to limit global warming to below 1.5 degrees Celsius the desirable one, and 2 degrees at least, compared to pre-industrial levels. Only last week, the UN expressed concern about the lack of a credible pathway to limit the global temperature to under 1.5 degrees.
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At last year’s COP26 in Glasgow, nations agreed to review their carbon-cutting pledges annually and not just every five years. However, only a handful of them has achieved that target in 2022. Against this backdrop, COP-27 will focus on increased global efforts on adaptation, climate financing, and increased financial support to help developing countries cope with future impacts. The conference will last till 18th November.