Following Glasgow COP26’s ambitious net-zero corporate claims (the Glasgow Climate Pact), its enhanced call for action over non-CO2 greenhouse gases (such as methane), and the significant advances on Article 6 market and non-market mitigation scenarios, COP27 has a vivid legacy for which to be accountable. This year’s COP is moreover embedded into a sense of global distress led by the War in Ukraine and other relevant geopolitical scenarios (e.g., tensions over China-US relations, Brazilian elections), which could shape the future of multilateralism in climate negotiations.
In parallel, environmental reports continue calling for urgent action to redirect the stability of our Planet below levels of dangerous interference for future generations. UNEP’s “Emissions Gap Report”, WMO’s “Provisional State of the Global Climate 2022” and WWF’s “Living Planet Report” bring evidence of the Planet’s poor performance and raise awareness on the need for higher ambition in Nationally Determined Contributions (NDCs) and countries’ action both on mitigation and natural capital conservation (e.g. enhanced pressure on Loss and Damage funding).
In the 2022 edition of the FSR Climate Conference, this policy roundtable will reflect on the achievements, shortcomings and take-home messages from COP27 in Sharm El Sheikh, Egypt. The discussion will touch upon challenges and opportunities of decarbonisation pathways within the current context of geopolitical tensions over resources, trade, and socially just transitions.
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