COP27: Rich nations that caused the problem must deliver on climate commitments - There is no time to stall. Those responsible for the climate crisis must act now
Climate change is a global problem that requires cooperation between all nations. That’s why today more than 30 newspapers and media organisations in more than 20 countries have taken a common view about what needs to be done. Time is running out. Rather than getting out of fossil fuels and into clean energy, many wealthy nations are reinvesting in oil and gas, failing to cut emissions fast enough and haggling over the aid they are prepared to send to poor countries.
As many nations seek to reduce their reliance on Russia, the world is experiencing a “gold rush” for new fossil fuel projects. These are cast as temporary supply measures, but they risk locking the planet into irreversible damage. All this underlines that humanity has to end its addiction to fossil fuels. If renewable energy was the norm there would be no climate emergency.
Rich countries account for just one in eight people in the world today but are responsible for half of greenhouse gases. These nations have a clear moral responsibility to help. Developing nations should be given enough cash to address the dangerous conditions they did little to create – especially as a global recession looms.
These measures need not wait for coordinated international action. Countries could implement them on regional or national levels. A nation’s cumulative emissions must be the basis of its responsibility to act. While private finance can help, the onus is on big historical emitters to stump up the money.
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