EU to urge big polluters to toughen climate pledges by COP27 summit -draft – The Peninsula

EU to urge big polluters to toughen climate pledges by COP27 summit -draft – The Peninsula

BRUSSELS: The European Union will urge the world's biggest economies to improve their targets to fight climate change ahead of this year's U.N. climate summit and warn that states' current efforts fall short, according to a draft document seen by Reuters.

Despite a raft of new emissions-cutting commitments countries announced at last year's COP26 climate summit, "global climate action remains insufficient", the EU said in a draft of its negotiations mandate for the COP27 summit in Sharm El Sheikh, Egypt, in November.

The draft, which faces weeks of negotiations and could change before EU countries approve it in October, said polluters must revise their targets if the world is to stop global warming spiralling beyond 1.5 degrees Celsius.

"[The EU] calls upon all Parties to come forward with ambitious targets and policies and urges in particular major economies that have not yet done so to revisit or strengthen the targets," it said.

Nearly 200 countries will convene at COP27 after what has been for many a devastating summer of drought, heatwaves and other climate-linked extremes.

But the talks on how to curb emissions, and fund those efforts, face the tough context of an energy crisis that is exhausting state budgets and prompting some countries to