{"id":512999,"date":"2022-11-20T14:40:13","date_gmt":"2022-11-20T11:40:13","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cop27-summit-strikes-historic-deal-to-fund-climate-damages\/"},"modified":"2022-11-20T14:40:13","modified_gmt":"2022-11-20T11:40:13","slug":"cop27-summit-strikes-historic-deal-to-fund-climate-damages","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cop27-summit-strikes-historic-deal-to-fund-climate-damages\/","title":{"rendered":"#COP27 summit strikes historic deal to fund climate damages"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a39f1705e062\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a39f1705e062\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/cop27-summit-strikes-historic-deal-to-fund-climate-damages\/#%E2%80%9CCOP27_summit_strikes_historic_deal_to_fund_climate_damages%E2%80%9D\" >&#8220;COP27 summit strikes historic deal to fund climate damages&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CCOP27_summit_strikes_historic_deal_to_fund_climate_damages%E2%80%9D\"><\/span>&#8220;COP27 summit strikes historic deal to fund climate damages&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2022\/the-paris-agreement-sa.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/2022\/the-paris-agreement-sa.jpg\" data-sub-html=\"The Paris Agreement said global warming should be slashed to well below two degrees Celsius from pre-industrial levels and preferably a safer 1.5C.\">\n<figure class=\"article-img\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2022\/the-paris-agreement-sa.jpg\" alt=\"The Paris Agreement said global warming should be slashed to well below two degrees Celsius from pre-industrial levels and prefe\" title=\"The Paris Agreement said global warming should be slashed to well below two degrees Celsius from pre-industrial levels and preferably a safer 1.5C.\" width=\"800\" height=\"530\"\/><figcaption class=\"text-darken text-low-up text-truncate-js text-truncate mt-3\">\n                The Paris Agreement said global warming should be slashed to well below two degrees Celsius from pre-industrial levels and preferably a safer 1.5C.<br \/>\n            <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>A fraught UN climate summit wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed up Sunday with a landmark deal on funding to help vulnerable countries cope with devastating impacts of global warming\u2014but also anger over a failure to push further ambition on cutting emissions.<\/p>\n<section class=\"article-banner first-banner ads-336x280\"><!-- \/4988204\/Phys_Story_InText_Box --><br \/>\n      <\/section>\n<p>The two-week talks in Egypt&#8217;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 &#8220;loss and damage&#8221;.<\/p>\n<p>Pakistani climate minister Sherry Rehman said COP27 &#8220;responded to the voices of the vulnerable, the damaged and the lost of the whole world&#8221;.<\/p>\n<p>&#8220;We have struggled for 30 years on this path, and today in Sharm el-Sheikh this journey has achieved its first positive milestone,&#8221; she told the summit.<\/p>\n<p>Tired delegates applauded when the loss and damage fund was adopted as the sun came up Sunday following almost two extra days of negotiations that went round-the-clock.<\/p>\n<p>But jubilation over that achievement was countered by stern warnings.<\/p>\n<p>UN chief Antonio Guterres said the UN climate talks had &#8220;taken an important step towards justice&#8221; with the loss and damage fund, but fell short in pushing for the urgent carbon-cutting needed to tackle global warming.<\/p>\n<p>&#8220;Our planet is still in the emergency room,&#8221; Guterres said. &#8220;We need to drastically reduce emissions now and this is an issue this COP did not address.&#8221;<\/p>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2022\/our-planet-is-still-in.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/2022\/our-planet-is-still-in.jpg\" data-sub-html=\"'Our planet is still in the emergency room,' said United Nations Secretary General Antonio Guterres.\">\n<figure class=\"article-img text-center\"><img decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2022\/our-planet-is-still-in.jpg\" alt=\"'Our planet is still in the emergency room,' said United Nations Secretary General Antonio Guterres\" title=\"'Our planet is still in the emergency room,' said United Nations Secretary General Antonio Guterres.\"\/><figcaption class=\"text-left text-darken text-truncate text-low-up mt-3\">\n                &#8216;Our planet is still in the emergency room,&#8217; said United Nations Secretary <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> Antonio Guterres.<br \/>\n            <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p><b>&#8216;Stonewalled by emitters&#8217;<\/b><\/p>\n<p>A final COP27 statement covering the broad array of the world&#8217;s efforts to grapple with a warming planet held the line on the aspirational goal of limiting global warming to 1.5 degrees Celsius from pre-industrial levels.<\/p>\n<p>It also included language on renewable energy for the first time, while reiterating previous calls to accelerate &#8220;efforts towards the phasedown of unabated coal power and phase-out of inefficient fossil fuel subsidies&#8221;.<\/p>\n<p>But that failed to go much further than a similar decision from last year&#8217;s COP26 meeting in Glasgow on key issues around cutting planet-heating pollution.<\/p>\n<p>European Commission Vice President Frans Timmermans said the EU was &#8220;disappointed&#8221;, adding that more than 80 nations had backed a stronger emissions pledge.<\/p>\n<p>&#8220;What we have in front of us is not enough of a step forward for people and planet,&#8221; he said.<\/p>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2022\/the-two-week-talks-in.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/2022\/the-two-week-talks-in.jpg\" data-sub-html=\"The two-week talks in Egypt's Red Sea resort of Sharm el-Sheikh at times appeared to teeter on the brink of collapse.\">\n<figure class=\"article-img text-center\"><img decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2022\/the-two-week-talks-in.jpg\" alt=\"The two-week talks in Egypt's Red Sea resort of Sharm el-Sheikh at times appeared to teeter on the brink of collapse\" title=\"The two-week talks in Egypt's Red Sea resort of Sharm el-Sheikh at times appeared to teeter on the brink of collapse.\"\/><figcaption class=\"text-left text-darken text-truncate text-low-up mt-3\">\n                The two-week talks in Egypt&#8217;s Red Sea resort of Sharm el-Sheikh at times appeared to teeter on the brink of collapse.<br \/>\n            <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>&#8220;It doesn&#8217;t bring enough added efforts from major emitters to increase and accelerate their emission cuts,&#8221; said Timmermans, who 24 hours earlier had threatened to walk out of the talks rather than getting a &#8220;bad result&#8221;.<\/p>\n<p>Britain&#8217;s Alok Sharma, who chaired COP26 in Glasgow, said a passage on energy had been &#8220;weakened, in the final minutes&#8221;.<\/p>\n<p>Germany Foreign Minister Annalena Baerbock said she was frustrated that the emissions cut and fossil fuel phase-out were &#8220;stonewalled by a number of large emitters and oil producers&#8221;.<\/p>\n<p>Criticised by some delegations for a lack of transparency during negotiations, Egyptian Foreign Minister Sameh Shoukry, the COP27 chair, said any missteps were &#8220;certainly not intentional&#8221;.<\/p>\n<p>&#8220;I believe I succeeded in avoiding that any of the parties were to backslide,&#8221; he said.<\/p>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2022\/a-child-in-iraq-a-coun-1.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/2022\/a-child-in-iraq-a-coun-1.jpg\" data-sub-html=\"A child in Iraq, a country heavily impacted by climate change and water scarcity, in the dried-up bed of Iraq's receding southern marshes of Chibayish, on August 23, 2022.\">\n<figure class=\"article-img text-center\"><img decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2022\/a-child-in-iraq-a-coun-1.jpg\" alt=\"A child in Iraq, a country heavily impacted by climate change and water scarcity, in the dried-up bed of Iraq's receding souther\" title=\"A child in Iraq, a country heavily impacted by climate change and water scarcity, in the dried-up bed of Iraq's receding southern marshes of Chibayish, on August 23, 2022.\"\/><figcaption class=\"text-left text-darken text-truncate text-low-up mt-3\">\n                A child in Iraq, a country heavily impacted by climate change and water scarcity, in the dried-up bed of Iraq&#8217;s receding southern marshes of Chibayish, on August 23, 2022.<br \/>\n            <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p><b>&#8216;Loss and damage&#8217;<\/b><\/p>\n<p>The deal on loss and damage\u2014which had only barely made it onto the negotiation agenda\u2014gathered critical momentum during the talks.<\/p>\n<p>Developing nations relentlessly pushed for the fund, finally succeeding in getting the backing of wealthy polluters long fearful of open-ended liability.<\/p>\n<p>A statement from the Alliance of Small Island States, comprised of islands whose very existence is threatened by sea level rise, said the loss and damage deal was &#8220;historic&#8221;.<\/p>\n<p>&#8220;The agreements made at COP27 are a win for our entire world,&#8221; said Molwyn Joseph, of Antigua and Barbuda and chair of AOSIS.<\/p>\n<p>&#8220;We have shown those who have felt neglected that we hear you, we see you, and we are giving you the respect and care you deserve.&#8221;<\/p>\n<p>With around 1.2C of warming so far, the world has seen a cascade of climate-driven extremes, shining a spotlight on the plight of developing countries faced with escalating disasters, as well as an energy and food price crisis and ballooning debt.<\/p>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2022\/wind-turbines-in-front.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/2022\/wind-turbines-in-front.jpg\" data-sub-html=\"Wind turbines in front of a lignite-fired power plant near Niederaussem in western Germany.\">\n<figure class=\"article-img text-center\"><img decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2022\/wind-turbines-in-front.jpg\" alt=\"Wind turbines in front of a lignite-fired power plant near Niederaussem in western Germany\" title=\"Wind turbines in front of a lignite-fired power plant near Niederaussem in western Germany.\"\/><figcaption class=\"text-left text-darken text-truncate text-low-up mt-3\">\n                Wind turbines in front of a lignite-fired power plant near Niederaussem in western Germany.<br \/>\n            <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>The World Bank estimated that devastating floods in Pakistan this year caused $30 billion in damage and economic loss.<\/p>\n<p>The fund will be geared towards developing nations &#8220;that are particularly vulnerable to the adverse effects of climate change&#8221;\u2014language that had been requested by the EU.<\/p>\n<p><b>&#8216;On the brink&#8217;<\/b><\/p>\n<p>The Europeans had also wanted to broaden the funder base to cough up cash\u2014code for China and other better-off emerging countries. <\/p>\n<p>The final loss and damage text left many of the thornier questions to be dealt with by a transitional committee, which will report to next year&#8217;s climate meeting in Dubai to get the funding operational.<\/p>\n<p>Scientists say limiting warming to 1.5C is a far safer guardrail against catastrophic climate impacts, with the world currently way off track and heading for around 2.5C under current commitments and plans.<\/p>\n<p>&#8220;The historic outcome on loss and damage at COP27 shows international cooperation is possible,&#8221; said Mary Robinson, former president of Ireland and Chair of The Elders.<\/p>\n<p>&#8220;Equally, the renewed commitment on the 1.5C global warming limit was a source of relief. However, none of this changes the fact that the world remains on the brink of climate catastrophe.&#8221;<\/p>\n<p class=\"article-main__note mt-4\">\n                                                  \u00a9 2022 AFP<\/p>\n<p>                                        <!-- print only --><\/p>\n<div class=\"d-none d-print-block\">\n<p>                                                    <strong>Citation<\/strong>:<br \/>\n                                                    COP27 summit strikes historic deal to fund climate damages (2022, November 20)<br \/>\n                                                    retrieved 20 November 2022<br \/>\n                                                    from https:\/\/phys.org\/<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>\/2022-11-cop27-summit-historic-fund-climate.html<\/p>\n<p>                                             This document is subject to copyright. 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A fraught UN climate summit wrapped up Sunday with a landmark deal on funding to help vulnerable countries cope with devastating impacts of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":513000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/scx2.b-cdn.net\/gfx\/news\/2022\/the-paris-agreement-sa.jpg","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-512999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sciencee"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/512999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=512999"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/512999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/513000"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=512999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=512999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=512999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}