Last minute objections threaten historic UN climate deal in COP27

  • Date: 20-Nov-2022
  • Source: The Economist
  • Sector:Oil & Gas
  • Country:Egypt
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Last minute objections threaten historic UN climate deal in COP27

















/ Africa





















Issued on: 19/11/2022 - 23:25

















Egyptian Foreign Minister and Egypt's COP27 President Sameh Shoukry attends an informal stocktaking session during the COP27 climate summit, in Sharm el-Sheikh, Egypt, November 18, 2022. © Mohamed Abd El Ghany, Reuters











Negotiators at the COP27 climate summit in Egypt neared a breakthrough deal on Saturday for a fund to help poor countries being ravaged by the impacts of global warming, but remained locked over how to reduce the greenhouse gas emissions driving them.









With a final climate accord already more than a day overdue, representatives of nearly 200 nations were anxious for an agreement they could bill as a step forward in the fight against climate change.

"We have to be fast here now, but not fast towards a bad result. Not fast in terms of accepting something that we then spend years regretting," said Eamon Ryan, Ireland's environment minister.

Frans Timmermans, the European Union's climate policy chief, said ministers from the regional bloc were prepared to "walk away"