The host of COP27 has accused countries of making empty public statements that are later abandoned in negotiations.
Source: Bloomberg Quicktake: Explained/YouTube
Wael Aboulmagd, the Egyptian diplomat who is running negotiations at the COP27, called out countries for making positive statements in public but going back on them when it comes time for negotiations.
“Political statements and pledges are made in front of the cameras, but in the negotiating rooms, it’s back to the adversarial approach. These [publicly positive positions] will not be of value until translated into the negotiating rooms, and that has not been the case so far,” Aboulmagd said.
He emphasized that this is not the path that we should go down, and countries need to be transparent with the public.
One of the main topics of the conference this year is loss and damage funds for developing countries that are disproportionately affected by climate change.
Aboulmagd said that progress on climate finance is key for the event this year. Developing countries have been promised $100bn a year would be provided from 2020, but still, no pledge has been made yet.
“The $100bn is not going to come close to even a fraction of the sums needed, those numbers are in the trillions,” said Aboulmagd. “But it is a very important gesture of a symbolic nature, showing confidence and creating trust.”

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