COP27 ‘failed to reflect the urgency of the global climate crisis’

COP27 ended on a bittersweet note after the final text of the negotiations took the first step to establishing a loss and damage fund for the first time in 30 years. Daily Maverick and Our Burning Planet journalists discussed the outcomes and experience of COP27 in a webinar.
Ambition and urgency towards the growing effects of the climate crisis were lacking at the global climate talks, the 27th Congress of the Parties (COP27) in Sharm-el-Sheik, Egypt, Daily Maverick journalists that were at the negotiations shared on a webinar.
The webinar, “COP27: Debrief with Daily Maverick”, was hosted by Our Burning Planet senior investigative reporter Kevin Bloom, who was joined by Our Burning Planet journalist Ethan van Diemen and journalist Ufrieda Ho.
“The outcomes of this particular COP in Sharm-el-Sheikh; they jogged on the spot from COP26 in Glasgow last year. They didn’t move the needle forward. And the science is pretty clear about what needs to be done in this decade in order to avert that threshold [1.5°C global average temperature increase]. The ambition wasn’t raised and didn’t reflect the urgency of the situation,” said Van Diemen.
Outcomes that lack urgency
COP27 ended on a bittersweet note after the final text from the negotiations took the first step to establishing a loss and damage fund for the first time in 30 years. This means that countries vulnerable to the climate crisis will receive — once the fund is set up — funding to prepare and compensate for loss and damage; destruction caused by the consequences of the climate crisis that cannot be avoided by mitigation or adaptation.
With the COP being on African soil and the continent being among the most vulnerable to the climate crisis, expectations were high that outcomes would lean towards ambitious action that would shield the continent and other developing countries from the crisis; this was lost upon the COP, with little to no progress on climate financing for those countries.
“It [was] the 27th iteration, people were cynical about what would change but there was a lot of hope because it was supposed to be an ‘African COP’ — it was supposed to be what was dubbed the ‘implementation COP’. And I think coming out of Glasgow [COP26], that loss and damage, they got so close to advancing the financing that this COP was meant to put it on the agenda and get some kind of formalised agreement,” said Ho.
She said that ...