The UN and the EU are disappointed that the participants of the COP27 climate summit did not agree on reducing emissions.
According to DW, during the negotiations, the parties did not reach a decision on reducing carbon dioxide emissions, which upset UN Secretary General Antonio Guterres, as it is necessary to combat global warming.
"Now we need to drastically reduce emissions, and this problem was not considered at the current conference," he emphasized.
#COP27 has taken an important step towards justice.
Й прийдемо до рішення про встановлення нігтів і пенсійного здібності і до operationalize it в coming period.
Clearly this will not be enough, but it is a much-needed political signal to rebuild broken trust. пік.твіттер.ком/5ихг5ткСть
- António Guterres (@antonioguterres) November 20, 2022
However, Guterres approved the creation of a fund to help vulnerable countries affected by the effects of climate change.
"Clearly this will not be enough, but it is a much-needed political signal to rebuild broken trust," he added.
The EU said it was disappointed by the lack of commitment to reduce emissions at the COP27 summit.
"This is a crucial decade, but what we have been presented with is not enough progress for people and the planet," said European Commission Deputy President Frans Timmermans.
In his opinion, the agreements of the summit do not oblige the countries with the largest volumes of harmful emissions to make efforts to reduce them.
German Foreign Minister Annalena Berbock reacted to the results of the climate summit with "hope and disappointment". In her opinion, a positive moment is the "breakthrough in climate justice", in particular the creation of a fund to help vulnerable countries. According to the head of the German Foreign Ministry, this became "a new division in climate policy." In addition, the participants of the summit "managed to defend the goal of limiting global warming to 1.5 degrees".
Earlier, EcoPolitic wrote, that delegates from almost 200 countries are at the climate summit COP27 agreed on the creation of a fund to compensate for damages caused by climate change. The fund is designed to help vulnerable countries overcome climate disasters. However, the details of how the fund will operate remain unclear.
The full COP27 agreement, of which the fund is a part, also reaffirmed the goal of keeping global warming to 1.5 degrees Celsius above pre-industrial levels, a key demand for many countries. While the agreement is a breakthrough in the contentious negotiating process, it did not strengthen the language of reducing greenhouse gas emissions that lead to global warming. The final text also makes no mention of phasing out fossil fuels, particularly oil and gas.