A fraught COP27 UN summit wrapped up Sunday with a landmark deal on funding to help vulnerable countries cope with devastating climate impacts — but also anger over a failure to be more ambitious on cutting emissions
The two-week talks in Egypt’s Red Sea resort of Sharm el-Sheikh, which at times appeared to teeter on the brink of collapse, delivered a major breakthrough on a fund for climate “loss and damage”.
A fraught UN summit wrapped up Sunday with a landmark deal on funding to help vulnerable countries cope with devastating climate impacts — but also anger over a failure to be more ambitious on cutting emissions.
The two-week talks in Egypt’s Red Sea resort of Sharm el-Sheikh, which at times appeared to teeter on the brink of collapse, delivered a major breakthrough on a fund for climate “loss and damage”.
UN chief Antonio Guterres said the talks had “taken an important step towards justice” with the loss and damage fund, but fell short in pushing for the urgent carbon-cutting needed to tackle global warming.
“Our planet is still in the emergency room,” Guterres said. “We need to drastically reduce emissions now and this is an issue this COP did not address.”
British Prime Minister Rishi Sunak also warned that “more must be done”, while French President Emmanuel Macron proposed another summit in Paris ahead of COP28 in Dubai to agree “a new financial pact” for vulnerable nations.
UN chief Antonio Guterres said the talks had “taken an important step towards justice” with the loss and damage fund, but fell short in pushing for the urgent carbon-cutting needed to tackle global warming.
“Our planet is still in the emergency room,” Guterres said. “We need to drastically reduce emissions now and this is an issue this COP did not address.”
British Prime Minister Rishi Sunak also warned that “more must be done”, while French President Emmanuel Macron proposed another summit in Paris ahead of COP28 in Dubai to agree “a new financial pact” for vulnerable nations.
UN chief Antonio Guterres said the talks had “taken an important step towards justice” with the loss and damage fund, but fell short in pushing for the urgent carbon-cutting needed to tackle global warming.
“Our planet is still in the emergency room,” Guterres said. “We need to drastically reduce emissions now and this is an issue this COP did not address.”
British Prime Minister Rishi Sunak also warned that “more must be done”, while French President Emmanuel Macron proposed another summit in Paris ahead of COP28 in Dubai to agree “a new financial pact” for vulnerable nations.
UN chief Antonio Guterres said the talks had “taken an important step towards justice” with the loss and damage fund, but fell short in pushing for the urgent carbon-cutting needed to tackle global warming.
“Our planet is still in the emergency room,” Guterres said. “We need to drastically reduce emissions now and this is an issue this COP did not address.”
British Prime Minister Rishi Sunak also warned that “more must be done”, while French President Emmanuel Macron proposed another summit in Paris ahead of COP28 in Dubai to agree “a new financial pact” for vulnerable nations.
