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By Dana Malcolm
November 21, 2022 – Cop 27 made history with a new Climate Justice Fund, but it was overshadowed by major nations once again blocking decisive action on fossil fuels.
The Loss and Damage Fund “will assist developing countries that are particularly vulnerable to the adverse effects of climate change”.
A commitment was made to put in place a financial support structure for the most vulnerable by the next COP in 2023. Even setting up the fund was a serious struggle that negotiators failed to see through. one day after the end of the conference. It is reported that furious remarks were exchanged between the countries.
At the same time, China, the world’s biggest polluter, along with Saudi Arabia and several other oil-producing nations torpedoed an Indian proposal that would have phased out the use of all fossil fuels.
The disappointing and dangerous vote came even after thousands died in floods and famines among their neighbors developing countries this year.
A third of Pakistan is under water after the floods, several countries in sub-Saharan Africa are starving due to drought and famine, Jamaica and the Cayman Islands are losing their coastline, sargassum is choking the beaches of Barbados, the Turks and Caicos Islands are in a race against time to save its reefs, the Bahamas is still trying to recover from Hurricane Dorian and the list goes on.
The money to be shared among these dozens of developing countries ravaged by climate change, while helpful, will be a drop in the ocean when faced with the reality of how climate change is really affecting their economies, their infrastructure, education, health care, population health and quality of life. .
- Delta Merner, senior scientist at the Science Hub for Climate Litigation, found that Hill+Knowlton, the public relations firm responsible for spreading the message about COP27, the weight of decisions to be made at the conference and the serious climate crises is the same public relations firm that works with some of the world’s biggest polluters, including “Chevron, ExxonMobil, Saudi Aramco and Shell, and a key international lobby group for the fossil fuel industry, the Oil and Gas Climate Initiative” .
Merner described it as “an unacceptable conflict of interest” recalling that the company’s founders have in the past created “seemingly independent” science to manipulate public policy.
Exhausted delegates from the UK claimed that behind closed doors some countries had even tried to work towards the repeal of the 1.5C heating cap and other key climate agreements.
As these oil giants try to beat COP27 and other major countries mostly provide empty talk while pumping harmful gases into the air, the UN-hosted meeting continues to do its best to stay the course and get countries to honor their obligations.