COP27 Summit Agrees to Help Climate Victims. But it Does Nothing to Stop Fossil Fuels
Sharm el-Sheikh, EgyptCNN — The world has failed to reach an agreement to phase out fossil fuels after marathon UN climate talks were “stonewalled” by a number of oil-producing nations.
Negotiators from nearly 200 countries at the COP27 UN climate summit in Egypt took the historic step of agreeing to set up a “loss and damage” fund meant to help vulnerable countries cope with climate disasters and agreed the globe needs to cut greenhouse gas emissions nearly in half by 2030.
The recent devastating floods across Pakistan are just one example of the suffering caused or made worse by the climate crisis.
The agreement also reaffirmed the goal of keeping global warming to 1.5 degrees Celsius above pre-industrial levels.
Photo by Señor Codo via Flickr
Source: CNN (link opens in a new window)
- Categories
- Environment
- Tags
- climate change
