This is the third in a series of five reflections from COP27 in November 2022:

  1. En Route to Sharm el-Sheikh
  2. A Very Different COP
  3. The Results
  4. “Loss and Damage”
  5. The People I Met

The Results

Observations and Reflections from COP27 (Part 3)

By Samuel Chiu, Multicultural Program Director

January 5, 2023

In a few recent media interviews, I was asked, โ€œWhat do you think about COP27? Was it a success or failure?โ€1

Along with many others I confess that, overall, I found this COP disappointing. I have even heard some government officials make similar statements. Perhaps, itโ€™s not totally surprising given the convergence of many global crises at the same time: the shadow of the Russian invasion of Ukraine, the energy and food price crises, heightened inflationary pressure in many nations (both rich and impoverished), and the reportedly not-so-efficient presidency of Egypt.

A few of the main failures of COP27:

  • The bottleneck on climate finance persists. The important commitment from developed industrial nations to contribute USD 100 billion for climate action in less developed nations between 2018-2022, has still not been delivered. And the next milestone, agreed in Paris (2015), is looming: USD 100 billion per year starting 2023!
  • No concrete timeline for making concerted efforts to limit the global average temperature rise to 1.5C. Like last year in Glasgow, this goal was mentioned in the final โ€œdecision text,โ€ but the timeline was removed.
  • No clear consensus to โ€œphase outโ€ all fossil fuels, as demanded by many. The final decision text did not even improve on the watered down version of โ€œphasing downโ€ coal, a commitment made last year in Glasgow.

All that said, the level of disappointment depends on whom you are talking to. To me, the two-week gathering of 33,000 participants was not simply a waste of time. The following achievements were made:

  • The Loss and Damage Fund was established (just like other UN climate related funds โ€“ Green Climate Fund, Adaptation Fund, etc).

    Photo: Christian Climate Observers Program

  • The Santiago Network on Loss & Damage has now begun after being on hold for a number of years. It will provide technical assistanceโ€”scientific prediction and modelingโ€”to assess the damage of storms and floods, and it will create a match-making service between countries suffering from loss and damage and those organizations that can support their damage response.
  • The Sharm el-Sheikh Implementation Plan was approved with a list of decisions made with the consensus of all the participating nations.
    • For the first time food, forests, nature-based solutions, and tipping points, were officially recognized as important issues for the COP. Moreover, the human right to a clean, healthy, and sustainable environment was acknowledged.
    • The need for the โ€œtransformation of the financial system and its structuresโ€ was officially stated.ย  It included calling on multilateral development banks and international financial institutions to reform their practices and to prioritize addressing the โ€œglobal climate emergency.โ€
  • The โ€œSharm el-Sheikh dialogueโ€ on Article 2.1c of the Paris Agreement was launched with the mandate to pursue โ€œfinancial flowsโ€ that align with global temperature targets.
  • A โ€œwork programme on just transitionโ€ was initiated, including annual โ€œhigh-level ministerial round tablesโ€ that will begin at COP28 next year.
  • Another new work programme will, over the next 4 years, work on the “implementation of climate action on agriculture and food security.” A more holistic approach to agriculture is a first for COP and the discussion will include food systems, food security, nutrition, the role of Indigenous peoples, women, and small-scale farmers.

ย  Despite the fact that local Egyptians had few ways to participate, COP27 did have more international CSOs (civil society organizationsโ€”i.e. non-governmental /non-business) than ever before, showcasing their ideas and solutions. It was even more prominent than COP21 in Paris, according to an experienced observer who concluded, โ€œthis is a sea change.โ€

By no means are these observations comprehensive and exhaustive, nor do I have the ability to interpret many of the highly technical documents (hereโ€™s a link to the whole official listing if you want to explore them for yourself). I simply rely on the fantastic post-COP27 reports and analysis by dedicated teams such as Carbon Brief. I also recommend following the Twitter feeds of experienced observers, activists and scientists, who can provide many insights and updates throughout these COP events.

COP27: The Results

Photo: Christian Climate Observers Program

Footnotes
1.ย Interview by Omni TV (Toronto) โ€“ Focus Cantonese, aired 2022.12.17 (in Cantonese; Canadian TV cable service subscriptions required to view. Alternativeย linkย to watch).ย Post-COP27 interview by BeyondKOLย youtube channel, aired 2022.12.27 (in Cantonese; if interested, see also theย pre-COP27 interviewย by the same channel, aired 2022.11.07).

Read the next post in this series: “Loss and Damage” (Part 4 of 5 – coming soon!)

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