U.N. publishes draft COP27 climate deal – Reuters

  • Date: 17-Nov-2022
  • Source: Reuters
  • Sector:Oil & Gas
  • Country:Egypt
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U.N. publishes draft COP27 climate deal – Reuters

SHARM EL-SHEIKH, Egypt, Nov 17 (Reuters) - The U.N. climate agency published a first draft on Thursday of a hoped-for final agreement from the COP27 climate summit, repeating many of last year's goals while leaving contentious issues still to be resolved.

The 20-page document is labelled a "non-paper", indicating it is far from a final version and there are still hours if not days left in the negotiations between delegates from nearly 200 countries.

The draft repeats the goal from last year's Glasgow Climate Pact "to accelerate measures towards the phase down of unabated coal power and phase out and rationalize inefficient fossil fuel subsidies."