Conference of the Parties 27, commonly referred to as COP 27, brought together more than 200 leaders from around the world to share ideas and solutions on climate change issues affecting the world.
Some of the issues discussed were climate, finance, food and security, and global warming, among others.
One of the main outcomes was the agreement to compensate for loss and damage, funding for vulnerable countries hit hard, such as climate change, such as sea level rise. But critics said the summit UN COP 27 in Sham Sheik, Egypt, had not gone far enough in reducing the emissions that caused climate change.
Speaking on critics’ concerns that COP 27 in Egypt did not go far enough in reducing emissions that caused climate change, despite the establishment of the Loss and Damage Fund, environmentalist and Executive Director of the Network African for Environment and Economic Justice, David Ugolor said what happened in Egypt was unfortunate, but we have to make do with what was available.
He said the establishment of the Lose and Damaged Fund, as noted by the UN Secretary General, is an opportunity for Justice Messaging, a call for justice.
According to Mr. Ugolor, the creation of the fund has again sent the right political signal that the world has come to recognize the injustice caused by climate change in the world.
The fund made from this commitment, Mr. Ugolor said, is nothing short of extraordinary given the cumulative negative impact of climate change around the world.
“I say what happened in Sham Sheik was not really too good for Africa because, like, cop 27 was tagged Africa Cup, but what really came out of it, is it really benefits Africa? Not really.
Mr. Ugolor added that the Loss and Damage Fund established is still at a critical stage and we do not yet know what it actually entails and what fund is available to implement some of the objectives for which it has been set up. was created.
“At this point, we recognize the justice element of this fund because it’s a struggle that has come a long way in nearly a decade. And some of us see it as an opportunity to recognize again that the voice of the people has triumphed at Sham Sheik.
Speaking further, Mr. Ugolor noted that there were many factors responsible for the uncertainty that overshadowed COP27.
The Russian-Ukrainian world also brought another different narrative around the need to move towards alternative renewable energy, and global interests shifted entirely from Africa to the Ukrainian world.
European trade unions are struggling with the energy crisis caused by the Ukrainian world and obviously the American government, the Canadian government, other developed countries, their interests have also evolved in this direction, which again was unfortunate for COP 27 and obviously because of this change of interest, European unions are looking for alternative energy, fortunately enough gas has been seen as an opportunity in Africa. But at the end of the day, the infrastructure to produce that is not there.
“We are working towards an alternative energy that is sustainable, that is renewable.
“Rather than focusing on this, the European Union needs short-term action to deal with the crisis it is facing because of the war in Ukraine, and more interest is now more focused on fossil fuels and obviously the oil companies and most of the national airlines took advantage of these to overwhelm the fictional sheik, and came up with over 600 lobbyists.
“At the end of the meeting in Egypt, the company mainly reflected the interest of these oil companies rather than the interest of Africans who are currently facing the crisis of global warming.