COP 27 will not turn the trends. Loss and damage will dominate.

From the opening of the COP27 and my comments to TRT World on the possible outcome of the meeting. My key points: The conference will not turn the trend. Emissions and temperature will continue to increase. I.5C target is out of reach. Good news: “Loss and Damage” are on the formal agenda for the first time after decades of dragging between rich and poor. A mechanism for compensation for poor countries might be reached by 2024. Without it, it will be impossible to have an agreement between rich and poor countries to limit warming. The impact of Russian gas might be one step back and two steps forward on the green shift.

 

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