Cop27: divisions and splits threaten deal to tackle climate crisis

  • Date: 20-Nov-2022
  • Source: The Guardian
  • Sector:Oil & Gas
  • Country:Egypt
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Cop27: divisions and splits threaten deal to tackle climate crisis

Deep divisions threatened to derail the world’s chances of limiting the climate crisis last night as negotiators struggled to keep nations working together to tackle global heating.

In a day of high drama at the Cop27 UN climate summit in Sharm el-Sheikh, Egypt, bitter conflict broke out between wealthy and poorer nations. Some of the world’s poorest countries denounced the rich for delaying action and refusing financial assistance to those suffering devastating extreme weather.

Rich countries sought to argue that rapidly growing economies such as China and oil producers such as Saudi Arabia and other petro-states should contribute to rather than receive from funds to repair climate “loss and damage”.