Page 10 - Cop27

COP27: Need clarity on climate finance for developing countries, says India

The 27th edition of the Conference of Parties (COP) to UNFCCC will start Sunday and it will see India seeking clarity on the definition of climate finance and nudging developed countries to enhance supply of technology and finance needed to address climate change and resulting disasters. Union Environment Minister Bhupender Yadav will lead the Indian delegation at the conference which will run from November 6 to 8 at Sharm El-Sheikh, Egypt. One hundred and ninety eight parties to UNFCCC gather once a year to discuss how to jointly address climate change. US President Joe Biden, UK Prime Minister Rishi Sunak and more than 100 heads of states are expected to attend the conference. It is not yet clear if Prime Minister Narendra Modi will attend it. According to the Union Environment Ministry, India looks forward to substantial progress on the discussions related to climate finance and clarity on its definition. "As it is a saying that 'what gets measured gets done', more clarity is ..

COP27: IMF identifies 3 crucial areas for reducing greenhouse gas emissions

'If we do not take action now, the damage and devastation brought on by climate change will only get worse,' says IMF

COP27: Host resort town gives Egypt tight grip over climate protests

With turquoise seawaters and rich coral reefs, Egypt's resort town of Sharm el-Sheikh is a picturesque location for this year's United Nations global summit on climate change, known as COP27. But behind postcard-perfect appearances, it's a tightly controlled fortress on the Red Sea. Climate activists say the restrictions will discourage protests that have been a way for the public to raise their voices at past summits. Many working in tourism have been sent home; those who stayed need special security cards. Vacationers have been turned back at security checkpoints surrounding the town. Hotel rates have increased tenfold, pricing out many. Local workers are prevented from speaking freely with visitors. In a country where protests are virtually banned, the government has set up a specific venue for climate protests except no one is quite sure where it is. Notifications are required 36 hours in advance. Egypt's Foreign Ministry did not respond to requests for comment. In past ...

Environment Minister Bhupender Yadav to lead India at COP27 in Egypt

India is fully engaged with the process and is supportive of the efforts by Egypt government for substantive outcomes at COP 27

India to seek clarity on $100 billion climate financing at COP27

Union Minister of Environment, Forest and Climate Change Bhupender Yadav will represent India at the session

War fallout, aid demands overshadow climate talks in Egypt next week

When world leaders, diplomats, campaigners and scientists descend on Sharm el-Sheikh in Egypt next week for talks on tackling climate change, don't expect them to part the Red Sea or other miracles that would make huge steps in curbing global warming. Each year there are high hopes for the two-week United Nations climate gathering and, almost inevitably, disappointment when it doesn't deliver another landmark pact like the one agreed 2015 in Paris. But those were different days, marked by a spirit of cooperation between the world's two biggest polluters the United States and China as well as a global realisation that failure to reach an agreement would put humanity on a self-chosen track to oblivion. This November the geopolitical tiles have shifted: a devastating war in Ukraine, skyrocketing energy and food prices, and growing enmity between the West on the one hand and Russia and China on the other make for difficult conditions at a gathering that requires cooperation and ...

Guterres calls for renewal of Ukraine grain deal, progress at COP27

I appeal to all parties to concentrate efforts in 2 areas: renewal and full implementation of the Black Sea Initiative and remove the remaining obstacles to the exports of Russian food and fertilizer

UN chief Antonio Guterres warns planet is heading toward 'climate chaos'

UN Secretary-General Antonio Guterres warned Thursday that the planet is heading toward irreversible climate chaos and urged global leaders at the upcoming climate summit in Egypt to put the world back on track to cut emissions, keep promises on climate financing and help developing countries speed their transition to renewable energy. The UN chief said the 27th annual Conference of the 198 Parties of the UN Framework Convention on Climate Change better known as COP27 must be the place to rebuild trust and re-establish the ambition needed to avoid driving our planet over the climate cliff. He said the most important outcome of COP27, which begins Nov. 6 in the Egyptian resort of Sharm el-Sheikh, is to have a clear political will to reduce emissions faster. That requires a historical pact between richer developed countries and emerging economies, Guterres said. And if that pact doesn't take place, we will be doomed. In the pact, the secretary-general said, wealthier countries must

Finance, tech transfer, capacity building on India's agenda for COP27

India will also seek clarity on loan availability, credit mechanisms and insurance requirements for adaptation finance

Adaptation target not keeping pace with growing risks: UNEP Report

Adaptation finance flows to developing countries are 5 to 10 times below estimated needs

Talking climate change: A look at India's stance over past COP sessions

Country wants greater climate accountability by richer nations

World slips on deforestation, loses cover equal to Ireland's area in 2021

Global gross deforestation amounted to 6.8 million hectares in 2021 with 3.9 giga-tonnes of CO2 equivalent of associated GHG emissions