They got there in the end. After dawn on Sunday morning in Egypt, bleary-eyed ministers adopted a final agreement for COP27 and completed more than two weeks of UN climate negotiations in the Sinai peninsula.
The deal included a historic provision to set up a fund to help poorer countries face the harm caused by climate change, and that outcome was understandably celebrated by nations on the front line of a warming world.
The endgame was clearly tough for the European Commission climate chief Frans Timmermans, who had taken centre stage at the summit, proposing a grand bargain on loss and damage in exchange for more emissions ambition and then threatening a late walkout by the European Union. “The moment is right,” said Laurence Tubiana, chief executive officer of the European Climate Foundation. “Climate impacts are beginning to be understood as a macroeconomic risk.”The issue that held up negotiations and made COP27 the second-longest UN climate summit was the “mitigation work programme”. The idea is to ensure that countries set clear targets, plans and metrics to reduce emissions on pace to meet climate goals.
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