The annual UN Climate Change Conference advances global climate talks with world leaders. This year Egypt is hosting the 27th conference. During these summits, leaders will come together with a view to building on previous successes and paving the way for future ambition to effectively tackle the global challenges of climate change.
Since COP26 the world has seen a lot of destruction due to climate change. For example, we have seen the hottest day ever recorded in the UK and even fires across the globe due to extreme heat.
This year’s conference will give all 194 countries that pledged to reach net zero by 2050 a chance to discuss their updated plans to reduce carbon emissions.
As the Paris agreement where countries pledged to meet net zero by 2050 is legally binding hopefully this year’s conference will show world leaders making a substantial start on plans to meet these commitments. Discussions at the conference this year will focus mainly on three themes:
Climate finance
Leaders of developed countries have promised to pay $100 billion to developing countries. This will help them to lower carbon emissions. This investment is critical to stop climate change globally.
Emissions reductions
Last year all countries were told they needed to strengthen their climate plans for 2030. Not many countries so far have done this. The world’s biggest emitters must show this year what their plans are to reduce emissions to put the world on track to limit global temperatures.
Prioritizing people
People around the world are already struggling with the effects of the climate crisis, due to countries’ failures to impact climate change.
The focus this year for leaders should be how they are going to take proactive steps, provide money needed for the transition to net zero and put commitment into law.
The UK’s input on the conference
Prime Minister Rishi Sunak has been present at the global summit, despite previously stating that he was not going to be attending.
On the first day of the summit, the PM made a speech outlining how the UK is planning on contributing to slow down the effects of climate change. This included providing extra funding for developing countries. The UK is now investing £56 million in a range of green investments for Kenya and Egypt.
The PM also stated that plans for climate change will also go hand in hand with energy security. This means that the UK is planning to invest further in renewable projects, but also bring prices down for energy consumers.
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