It has been reported that Switzerland regretted Sunday that the COP27 climate summit outcome does not impose obligations on the highest greenhouse gas polluters and said it would work to make sure they contribute properly.
Cogently, a fraught UN gathering in Egypt wrapped up Sunday with a landmark deal on funding to help vulnerable countries cope with devastating climate impacts — and deep disappointment over a failure to push further ambitions towards cutting emissions.
READ MORE: Stakeholders Demand Rapid Interconnectivity of Economic Sectors
Thus, “The states have agreed on a work programme until 2026. However, this does not expressly oblige the countries with the highest greenhouse gas emissions,” said a statement from the Swiss Federal Office for the Environment.
Hence, “Switzerland regrets this decision and will work to ensure that these countries also make their contribution.
In this regard, “A new fund has been set up for the most vulnerable countries to help them deal with the damage caused by climate change. Switzerland welcomes the additional aid in principle. Central questions about the fund still have to be clarified.”
READ MORE: Twitter Offices Close Amid Mass Resignation
Bern, Switzerland, noted that no resolutions were passed on phasing out coal and reducing subsidies for oil and gas, saying “countries with the largest greenhouse gas emissions, such as China, India, Indonesia and Brazil, rejected a corresponding work programme and the obligation to implement plans.”
However, the final COP27 statementstatement held the line on the aspirational goal of limiting global warming to 1.5 degrees Celsius above pre-industrial levels.
Significantly, on the funding deal, “it remains unclear which countries should contribute to the fund, how the money will be distributed and who will manage the fund. Switzerland will work to ensure that these issues are clarified as quickly as possible,” Bern maintained.
