COP27 extended due to disagreement on key issues | News
The Egyptian Foreign Minister, Sameh Soukry, reported this Friday that the deliberations of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) will be extended until this Saturday.
UN requests international consensus to finalize climate pact
During a press conference, Soukry explained that there is still a lack of consensus regarding how losses and damages to developing countries will be financed, and how the emission of polluting gases will be reduced.
"I remain committed to bringing this conference to a close tomorrow, in an orderly manner," declared the also president of COP27.
Foreign Minister Soukry urged the parties to make an effort given the volume of pending issues, and while acknowledging that many of the discussions were positive, others did not recognize the seriousness and urgency of the situation.
For his part, the Secretary General of the United Nations (UN), António Guterres, had warned about the issue the day before, after returning to the summit.
"I am here to call on all parties to rise to this moment and the greatest challenge facing humanity," he said.
It recently emerged that, faced with the claim of developing nations, the Vice President of the European Commission, Frans Timmermans, announced the bloc's willingness to support vulnerable countries with a broad base of donors.
Likewise, the Secretary General of the Caribbean Community (Caricom), Carla Barnett, has expressed that the only option for a fair path for the countries of that regional organization is the creation of a financing fund.
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