Berliner Boersenzeitung - No way to run a COP: climate summit host Egypt gets bad marks

EUR -
AED 4.353775
AFN 77.651281
ALL 96.591272
AMD 443.056226
ANG 2.122154
AOA 1087.110488
ARS 1700.603942
AUD 1.711542
AWG 2.135692
AZN 2.017903
BAM 1.955615
BBD 2.363796
BDT 143.566421
BGN 1.990907
BHD 0.446969
BIF 3475.871245
BMD 1.185508
BND 1.501158
BOB 8.110267
BRL 6.327414
BSD 1.173594
BTN 107.731356
BWP 16.279529
BYN 3.322514
BYR 23235.954299
BZD 2.360397
CAD 1.621704
CDF 2584.407062
CHF 0.920667
CLF 0.025863
CLP 1021.19817
CNY 8.267252
CNH 8.242208
COP 4320.678282
CRC 580.847512
CUC 1.185508
CUP 31.415959
CVE 110.255037
CZK 24.262245
DJF 209.001114
DKK 7.468284
DOP 73.943318
DZD 153.313409
EGP 55.754551
ERN 17.782618
ETB 182.81528
FJD 2.622284
FKP 0.870137
GBP 0.867194
GEL 3.189324
GGP 0.870137
GHS 12.792844
GIP 0.870137
GMD 86.541891
GNF 10280.114402
GTQ 9.00811
GYD 245.547811
HKD 9.243648
HNL 30.958202
HRK 7.534607
HTG 153.925441
HUF 381.81712
IDR 19872.668465
ILS 3.716958
IMP 0.870137
INR 108.567651
IQD 1537.561059
IRR 49939.519312
ISK 145.793457
JEP 0.870137
JMD 184.743306
JOD 0.840529
JPY 182.432472
KES 151.270002
KGS 103.672192
KHR 4723.553237
KMF 497.913012
KPW 1066.977853
KRW 1708.352647
KWD 0.363738
KYD 0.978112
KZT 590.819103
LAK 25362.815077
LBP 105100.245961
LKR 363.598677
LRD 217.113971
LSL 18.943068
LTL 3.500496
LVL 0.717102
LYD 7.467325
MAD 10.750329
MDL 19.975279
MGA 5309.520209
MKD 61.615794
MMK 2489.48933
MNT 4227.601955
MOP 9.426548
MRU 46.922958
MUR 53.964287
MVR 18.316262
MWK 2035.116098
MXN 20.59251
MYR 4.704686
MZN 75.765859
NAD 18.943068
NGN 1673.557874
NIO 43.18628
NOK 11.562466
NPR 172.371424
NZD 1.984564
OMR 0.455848
PAB 1.173694
PEN 3.937344
PGK 5.019568
PHP 69.915281
PKR 328.385626
PLN 4.205998
PYG 7848.290795
QAR 4.278913
RON 5.096975
RSD 117.410313
RUB 90.081094
RWF 1711.745319
SAR 4.445717
SBD 9.630605
SCR 17.384702
SDG 713.087647
SEK 10.58398
SGD 1.50419
SHP 0.889438
SLE 28.922903
SLL 24859.506462
SOS 669.539498
SRD 45.192723
STD 24537.619428
STN 24.49789
SVC 10.269072
SYP 13111.213103
SZL 18.938289
THB 36.826634
TJS 10.973377
TMT 4.149278
TND 3.416662
TOP 2.854418
TRY 51.425668
TTD 7.972313
TWD 37.364245
TZS 3026.013534
UAH 50.605727
UGX 4148.625112
USD 1.185508
UYU 44.445046
UZS 14244.893008
VES 417.613423
VND 31045.487409
VUV 141.983286
WST 3.266772
XAF 655.89773
XAG 0.010813
XAU 0.000233
XCD 3.203895
XCG 2.115209
XDR 0.815726
XOF 655.89773
XPF 119.331742
YER 282.503601
ZAR 18.992428
ZMK 10670.990146
ZMW 23.025016
ZWL 381.733051
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    -0.8100

    83.23

    -0.97%

  • CMSC

    0.1000

    23.75

    +0.42%

  • BCC

    -1.1800

    84.33

    -1.4%

  • CMSD

    0.0900

    24.13

    +0.37%

  • JRI

    0.0100

    13.68

    +0.07%

  • RYCEF

    0.3000

    17.12

    +1.75%

  • RIO

    3.1300

    90.43

    +3.46%

  • NGG

    1.3200

    81.5

    +1.62%

  • VOD

    0.2300

    14.17

    +1.62%

  • BCE

    0.4900

    25.2

    +1.94%

  • RELX

    0.0600

    39.9

    +0.15%

  • GSK

    0.5000

    49.15

    +1.02%

  • AZN

    1.2600

    92.95

    +1.36%

  • BTI

    0.9400

    59.16

    +1.59%

  • BP

    1.1000

    36.53

    +3.01%

No way to run a COP: climate summit host Egypt gets bad marks
No way to run a COP: climate summit host Egypt gets bad marks / Photo: AHMAD GHARABLI - AFP/File

No way to run a COP: climate summit host Egypt gets bad marks

Almost from the start, Egypt came under fire over its handling of the UN COP27 climate talks tasked with responding to the growing threat of global warming.

Text size:

As the negotiations drew to a close nearly two days late with a historic win for vulnerable countries on funding for climate "loss and damage", exhausted delegates lined up to voice hope -- and frustration at the lack of progress on tackling emissions.

Historically, nations hosting the annual gathering of up to 35,000 leaders, diplomats, observers, campaigners and journalists are expected to rise above national interests enough to work hand-in-glove with the UN's climate bureaucracy to shepherd the consensus-based process to a more or less happy ending.

The two-week marathon in the Red Sea resort of Sharm el-Sheikh, however, kicked off with duelling press conferences, suggesting diverging agendas and posing something of a quandary for journalists.

In his final address to the plenary, the COP27 president and Egyptian foreign minister Sameh Shoukry began his address on the back foot.

"We are fair, balanced and transparent in our approach," he told delegates, many of whom had complained of a lack of clarity in the difficult negotiating process.

"Any missteps that might have occurred were certainly not intentional, and were done with the best interests of the process in mind."

- Fossil fuel lobbyists -

Far more serious, some observers alledged that Egypt failed to act as a neutral broker in the complicated, multi-tiered talks.

"The influence of the fossil fuel industry was found across the board," said Laurence Tubiana, CEO of the European Climate Foundation and -- as France's top negotiator -- a main architect of the 2015 Paris Agreement.

"The Egyptian presidency has produced a text that clearly protects oil and gas petro-states and the fossil fuel industry," with no mention of phasing out fossil fuels so that the issue might be more widely debated.

Concerns over the role of oil and gas interests have long dogged the talks.

But this year more than 600 fossil fuel lobbyists attended COP27 as "observers", up 25 percent from last year's climate summit and more than the number of delegates from all Pacific island nations combined, according to one research NGO.

Alden Meyer, a policy expert at think tank E3G who has been to all but one COP over the last 27 years, said there were concerns that the presidency had been reluctant to include ambitious language on emissions and fossil fuels.

"Clearly, they're acting in their own national interests, rather than serving as an honest broker in the presidency," he told AFP, adding that they had been hosting a "gas industry trade fair" in Sharm el-Sheikh.

In a scathing speech as the talks wrapped up Sunday, European Commission Vice President Frans Timmermans said the EU was disappointed that the meeting had not pushed for stronger commitments to achieve the aspirational goal of limiting global warming to 1.5 degrees Celsius from pre-industrial levels.

He also expressed frustration that despites the support of "more than 80 countries" calling for emissions to peak by 2025, "we don't see this reflected here".

Meanwhile, Alok Sharma, who held the presidency at COP26 in Glasgow last year, listed an array of ambitious proposals on phasing out fossil fuels and slashing emissions that never even got an airing in draft texts, much less the final version.

- Transparency -

During Week One, Egypt came in for a drubbing in the international media for a array of logistical snafus ranging from scarce drinking water and price gouging to poor access for the disabled and overbearing security surveillance.

Organisers quickly rectified all but the last of these issues, not uncommon among the 27 climate conferences convened since 1995.

More troubling, however, was the way in which the Egyptian presidency guided the high-stakes talks at times, taking them to the wire, delegates said.

"I've never experienced anything like this -- untransparent, unpredictable, and chaotic," said one delegate with deep COP experience.

When Egypt finally pieced together the first draft text on the lynchpin issue of how to compensate developing nations already devastated by climate impacts -- "loss and damage" in UN speak -- they didn't distribute it for all to see, which is the usual practice.

For the European Union, they called Timmermans alone in the middle of the night, showing but not giving him the text so that he could convey report back to the bloc's 27 nations, EU sources said.

At least one voice at the conference, however, praised Egypt's stewardship of COP27.

"(Shoukry) is working under the principles of transparent, open and party-driven consensus," China's veteran climate envoy Xie Zhenhua said.

(A.Lehmann--BBZ)