Some countries have resisted 1.5°C goal in COP27 text

AFP / Ahmad Gharabli

A few countries have resisted mentioning a global goal of limiting warming to 1.5 degrees Celsius in the official text of the COP27 summit in Egypt, said US Special Climate Envoy John Kerry at the conference on Saturday.

"You're absolutely correct. There are very few countries, but a few, that have raised the issue of not mentioning this word or that word," Kerry said when asked about opposition by some governments to mentioning the 1.5 °C target.

"But the fact is that, in Glasgow that was adopted, the language is there. And I know ... Egypt doesn't intend to be the country that hosts a retreat from what was achieved in Glasgow," Kerry said, referring to last year's COP summit in Scotland.

World governments agreed in 2015 during a UN summit in France to try to limit the average global temperature increase to 1.5 °C, a deal dubbed the Paris Agreement that was seen as a breakthrough in international climate ambition.

Greenhouse gas emissions have been rising ever since, however, and scientists say the world risks missing the target without swift and deep cuts. Breaching the 1.5 °C threshold risks unleashing the worst consequences of global warming.

Already, the world has warmed more than 1.1 °C from the preindustrial average temperature - fueling extreme weather that is already delivering steep economic losses.

Many developing countries have demanded the establishment of a "loss and damage" fund that could disperse cash to countries struggling to recover from disasters.

Kerry said the United States would not support establishing such a fund and instead believed existing platforms should be used.

"It's a well-known fact that the United States and many other countries will not establish ... some sort of legal structure that is tied to compensation or liability. That's just not happening," he said.

"We will find a way, I am confident, to be able to have financial arrangements that reflect the reality of how we are all going to deal with the climate crisis."

More from Business

  • IDC 2025 discusses global disruptions, defence preparedness

    The International Defence Conference 2025 commenced on Sunday at Emirates Palace in Abu Dhabi, bringing together defence and security leaders, experts, and companies from around the world to discuss key challenges and opportunities in the sector.

  • Dubai Energy Council reviews carbon emissions progress

    Ahmed bin Saeed chaired the Dubai Supreme Council of Energy meeting on Sunday, which reviewed progress in carbon emission reduction technologies in alignment with the UAE’s Net Zero 2050 Strategy and the Dubai Carbon Abatement Strategy 2030.

  • OpenAI board rejects Musk's $97.4 billion offer

    OpenAI has rejected a $97.4 billion (AED 357 billion) bid from a consortium led by billionaire Elon Musk for the ChatGPT maker, saying the startup is not for sale and that any future bid would be disingenuous.

  • AD Ports Group reports net profit of AED 1.78 bln

    AD Ports Group has announced its preliminary unaudited financial results for the fourth quarter and full year ending December 2024, and saw revenue increase 48 per cent year-on-year (YoY) to AED 17.29 billion.

  • Air Arabia reports record AED1.6 bln profit in 2024

    Air Arabia has announced its financial and operational results for the full year ending December 31, 2024, posting a record pre-tax net profit of AED 1.6 billion, reflecting a four per cent increase compared to AED 1.5 billion in 2023.

News