The conference won approval for a climate change loss and damage fund, a historic demand for developing countries, which was finally assumed by Timmermans in the final stretch of the negotiations
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European Commission executive Vice- President Frans Timmermans speaks during an interview with Reuters at the COP27 climate summit in Red Sea resort at Sharm el-Sheikh, Egypt, November 17, 2022. REUTERS/Emilie Madi
The European Union< /b> is “disappointed” by the lack of ambition of the UN climate conference when it comes to committing to a further reduction of greenhouse gases, declared this Sunday the vice-president of the European Commission, Frans Timmermans.
“What we have before us is not enough. It does not provide the necessary added efforts for the main emitters to increase and accelerate their emission cuts”, declared Timmermans in the closing session of the COP27of Egypt.
The conference won the approval of a climate change loss and damage fund, a historic demand of developing countries, and which was eventually taken over by Timmermans in the final leg of the negotiations.
“We are proud of our contribution to the creation of this fund,” said the vice president of the European Commission.
“But I ask you to recognize, when you leave this room, that we have not known together how to take measures to avoid and minimize those losses and damages,” Timmermans said, addressing the COP27 president, the Egyptian b>Sameh Shukry.
The almost 200 members of The COP also reiterated their determination to “continue with the efforts to limit the increase in temperature [of the planet] to 1.5 ºC”, although without mentioning the need to eliminate energies of fossil origin. (REUTERS)
“We should have done a lot more. Our citizens expect us to achieve much faster emissions reductions,” he added.
“We have wasted too much time already”, he said.
The European Union, along with the United States and numerous developing countries, called for ambitious language in the final declaration of Sharm el Sheikh.
Emissions of CO2 derived from fossil fuels will once again break records this year, according to a report that was released during the COP27.
The final declaration of the COP27 is limited to requesting a “rapid, deep and sustained” cuts in emissions.
The almost 200 members of the COP also reiterated their determination to “continue efforts to limit the increase in [the planet's] temperature to 1.5ºC”, although without mentioning the need to phase out fossil fuels.
On Friday, the EU announced that it would accept the creation of a fund, something to which it was previously reluctant, but made its support conditional on it being directed at the “most vulnerable” countries and that funding of it would fall “on a broad base” of donors.
On Friday, the EU announced that it would accept the creation of a fund, something to which it was previously reluctant, but conditioned its support for this on the fact that it was directed at the “most vulnerable” countries and that its financing fell “on a broad donor base. (REUTERS)
Although Timmermans did not mention any country, this reference would point to nations like China, Saudi Arabia or Qatar, with great human and economic development, and whose Polluting emissions are already among the highest in the world but they are not donors to the United Nations climate funds, they would have to commit to contributing.
“The offer was very clear. We said that we could accept the loss and damage fund, which should go to the most vulnerable countries. We want to help the people who need it most, and fast. And the fund should be based on an analysis of the world today,” said Timmermans
(With information from AFP)