COP27 will be held from 6 to 18 November 2022, the venue for COP27 in 2022 will be in Egypt. The Climate Summit will be held in the Egyptian city of Sharm el-Sheikh, the fact that the meeting will be held in a city on the African continent plays a major role in this event, as it may decide issues that are absolutely decisive for its future.
It is time for serious, achievable steps and urgent action against climate change at COP27 instead of postponing crucial issues for the following year.
The COP is one of the most important climate change events of the year. COP stands for the United Nations Climate Change Conference, it is the main decision making body of the UNFCCC. COP assesses the effects of measures introduced by the Parties to limit climate change.
The main objective of these summits is to accelerate action against climate change jointly and at a global level in order to achieve the ambitious goals set out in the Paris Agreement signed more than six years ago.
Here are Some of the COP27 objectives:
Close the mitigation gap to help limit global temperature rise to 1.5 degrees C. Mitigation means the reduction of something harmful, in this case meaning to reduce the emissions of carbon dioxide. Countries will be asked to show how they are planning to implement the Glasgow pact.
Deliver high-quality and expanded financial flows, especially to the most vulnerable. “Climate finance will be a top theme once again at COP27, many finance-related discussions are already on the agenda, with developing countries making a loud call for developed countries to reassure sufficient and adequate financial support, particularly to the most vulnerable.”
Insurance financing for losses and damages. Climate finance will be a top theme once again at COP27, many finance-related discussions are already on the agenda, with developing countries making a loud call for developed countries to reassure sufficient and adequate financial support, particularly to the most vulnerable.
Implement the Paris Rule Book to hold countries and non-state actors accountable.The Paris Agreement is a diplomatic agreement that brings the world together in a common effort to combat climate change.
“The most important piece of this agreement is that all members must make pledges of action every five years to lower their greenhouse gas emissions. Those pledges are called their “Nationally Determined Contributions” (NDCs). For example, the European Union's most recent NDC pledges to cut emissions to at least 40% below 1990 levels by 2030.”