climate summit. World leaders flock to Sharm el-Sheikh and Sisi calls for swift action to protect the world | news
World leaders will flock to the COP 27 climate change conference in Sharm El-Sheikh, Egypt, starting Monday, while Egyptian President Abdel Fattah El-Sisi urged all countries to act quickly to develop a roadmap that would empower the world protected from the effects of climate change.
Expressing pride at Egypt’s hosting of the international conference, Al-Sisi said – in a series of tweets on Twitter – that the current session of the climate summit comes at a very sensitive time, with our world facing existential threats and unprecedented challenges that affect the survival of our planet and our ability to live on it.
Al-Sisi reiterated that his country looks forward to moving the conference from the promises phase to the implementation phase with concrete actions on the ground, building on the foregoing, particularly on the outcomes of the Glasgow Summit and the Paris Agreement.
Some 110 leaders will address delegates gathered at the summit in the southern Sinai Peninsula resort today, Monday, and tomorrow, Tuesday.
Leaders are under intense pressure to back up their climate pledges in the face of increasing warming and provide financial support to poor countries most affected by climate change.
The summit comes amid several interlinked crises shaking the world, namely the Russian invasion of Ukraine, inflation, the risk of recession, the energy crisis with renewed support for fossil fuels, and the food crisis, at a time when the World population is exceeded 8 billion people.
This “multifaceted crisis” could push the climate crisis to second on the list of priorities, although its devastating impact was most evident in 2022, with deadly floods, heat waves and droughts wreaking havoc on crops.
Chinese President Xi Jinping is absent from the conference, while his American counterpart Joe Biden, who is busy with the midterm elections, will quickly visit Sharm El-Sheikh on November 11.
Compensation for poor countries
The world is watching with interest announcements of aid to poor countries, which are usually the countries most vulnerable to the effects of global warming, although their responsibility is limited as they emit very few greenhouse gases.
In a gesture that many activists hope will be more than symbolic, delegates at Sunday’s summit decided for the first time to place the issue of financing the damage caused by global warming on the conference’s official agenda.
This damage is estimated at tens of billions of dollars and is expected to continue rising. The recent floods, which inundated a third of Pakistan alone, caused damage estimated at more than $30 billion.
Weak countries are demanding a dedicated financing mechanism for these impacts, but rich countries have reservations, fearing official responsibility, saying the climate finance system is complex enough in its current state.
#climate #summit #World #leaders #flock #Sharm #elSheikh #Sisi #calls #swift #action #protect #world #news