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COP27: Climate Jargon You Need to Know
Posted
November 7, 2022
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November 7, 2022
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1:10Now PlayingThe world faces threats from war, an energy crisis, and the risk of a global recession, but climate change is by no means a sleeper issue this year. Deadly extreme weather events have struck almost every corner of the planet in recent months, reminding leaders and citizens of the need to act fast.
Few nations have more at stake at the COP27 gathering in the Egyptian seaside town of Sharm el-Sheikh than Pakistan, the country exemplifying the deep inequality lying within the climate change conundrum. Pakistan contributes less than 1% of planet-warming fossil fuel emissions today, but this summer it suffered devastating rains made worse by climate change that flooded a third of its territory and caused an estimated $30 billion in damages.
“The global North must realize that this is a global issue which is impacting developing countries at the moment in a disproportionate way, but its impacts are climbing and they are spreading,” said Munir Akram, the Pakistani diplomat chairing the G77 group of developing nations. “It’s the ultimate test of human rationality to be able to work together despite all the differences that we have politically.”
Disagreements over who should pay for the harm done by climate-driven extreme weather events will be at the heart of discussions at COP27, the first to be held in Africa since 2016. While developing nations want to see compensation for the impacts of a warming they didn’t cause, rich countries remain wary of opening a door that could lead to unlimited financial claims.
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