<p>'Economic terrorism' is a threat to sustainable development, Iranian vice president said as during a speech on Tuesday (November 15) at COP 27 in Sharm el-Sheikh.</p>

<p>Referring to international sanctions imposed on Iran, Ali Salajegheh said they posed an obstacle for the country to access new technologies and resources that could accelerate its journey towards a greener economy.</p>

<p>"Such measures have seriously restricted access to transfer of financial resources, new technologies, and essential means required to take effective national steps in mitigation and adaptation as well as to improve on air quality," he said.</p>

<p>This year's COP27 climate summit in Egypt is currently in its final week, with nearly 200 countries racing to strike a deal to steer the world towards cutting planet-warming emissions and scale up finance for countries being ravaged by climate impacts.</p>


'Economic terrorism' is a threat to sustainable development, Iranian vice president said as during a speech on Tuesday (November 15) at COP 27 in Sharm el-Sheikh

'Economic terrorism' is a threat to sustainable development, Iranian vice president said as during a speech on Tuesday (November 15) at COP 27 in Sharm el-Sheikh. Referring to international sanctions imposed on Iran, Ali Salajegheh said they posed an obstacle for the country to access new technologies and resources that could accelerate its journey towards a greener economy. "Such measures have seriously restricted access to transfer of financial resources, new technologies, and essential means required to take effective national steps in mitigation and adaptation as well as to improve on air quality," he said. This year's COP27 climate summit in Egypt is currently in its final week, with nearly 200 countries racing to strike a deal to steer the world towards cutting planet-warming emissions and scale up finance for countries being ravaged by climate impacts.

'Economic terrorism' is a threat to sustainable development - Iran VP at COP27

<p>As the COP27 summit in Egypt entered its final half this week, India's push to add a tenet to 'phase down' all fossil fuels in the final set of commitments from the summit, has started attracting widespread support from the likes of the European Union and the United Kingdom.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/cop27-summit-near-halftime-but-critical-issues-remain-unresolved-533610">COP27 summit near halftime but critical issues remain unresolved</a></strong></p>

<p>India's call to phase down fossil fuels is also expected to be backed by 39 other countries constituting the Alliance of Small Island States (ASIS). These are the small-island nations, existentially threatened by the effects of rising global temperatures and consequent rise in sea-levels.</p>

<p><strong>Fossil fuels: Phase down Vs Phase Out</strong></p>

<p>A Bloomberg report claimed that the European Union was pushing for an even tougher "phase out" language on Monday morning. Last year, the United Kingdom had advocated for "phasing out of coal and related products" during the Glasgow COP26 summit. Both the European Union and the United Kingdom have reportedly supported India's call to "phase down" fossil fuels instead. It is unclear if the United States too is onboard the bogey inhabited by the countries coming together to phase down fossil fuels at the COP27 summit.&nbsp;</p>

<p>The move is likely to face opposition from oil and gas-producing nations as well as China.&nbsp;</p>

<p><strong>WATCH |&nbsp;<a href="https://www.wionews.com/videos/wion-wideangle-cop27-who-will-pay-for-climate-change-533193">WION Wideangle | COP27: Who will pay for climate change?</a></strong></p>

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<p>Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, said in an interview last week that the kingdom would be very unlikely to support an agreement that included the phase down of oil. “Our theme is being cautious,” the minister said at the Saudi Green Initiative during the COP27 climate summit.&nbsp;</p>

<p>India led the pack of the countries vulnerable to climate change on Saturday and pushed for a decision to phase down all fossil fuels.&nbsp;</p>

<p>“We have to have outcomes from COP27 that are commensurate with the tragic situation around the world as a consequence of climate change,” Wael Aboulmagd, special representative for the Egyptian COP27 presidency, told a group of reporters. “It’s up to member states to rise to the occasion, to show serious ambition.”</p>

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As the COP27 summit in Egypt entered its final half this week, India's push to add a tenet to 'phase down' all fossil fuels in the final set of commitments from the summit, has started attracting widespread support from the likes of the European Union and the United Kingdom.

As the COP27 summit in Egypt entered its final half this week, India's push to add a tenet to 'phase down' all fossil fuels in the final set of commitments from the summit, has started attracting widespread support from the likes of the European Union and the United Kingdom. ALSO READ | COP27 summit near halftime but critical issues remain unresolved India's call to phase down fossil fuels is also expected to be backed by 39 other countries constituting the Alliance of Small Island States (ASIS). These are the small-island nations, existentially threatened by the effects of rising global temperatures and consequent rise in sea-levels. Fossil fuels: Phase down Vs Phase Out A Bloomberg report claimed that the European Union was pushing for an even tougher "phase out" language on Monday morning. Last year, the United Kingdom had advocated for "phasing out of coal and related products" during the Glasgow COP26 summit. Both the European Union and the United Kingdom have reportedly supported India's call to "phase down" fossil fuels instead. It is unclear if the United States too is onboard the bogey inhabited by the countries coming together to phase down fossil fuels at the COP27 summit. The move is likely to face opposition from oil and gas-producing nations as well as China. WATCH | WION Wideangle | COP27: Who will pay for climate change? × Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman, said in an interview last week that the kingdom would be very unlikely to support an agreement that included the phase down of oil. “Our theme is being cautious,” the minister said at the Saudi Green Initiative during the COP27 climate summit. India led the pack of the countries vulnerable to climate change on Saturday and pushed for a decision to phase down all fossil fuels. “We have to have outcomes from COP27 that are commensurate with the tragic situation around the world as a consequence of climate change,” Wael Aboulmagd, special representative for the Egyptian COP27 presidency, told a group of reporters. “It’s up to member states to rise to the occasion, to show serious ambition.” WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

COP27: UK, EU support India's call to phase down all fossil fuels

<p>Egypt, the host nation which holds the presidency of the COP27 summit, is reportedly struggling to find common ground between the member countries over the goal of limiting warming to 1.5 degrees Celsius.</p>

<p>According to a BBC report, ministers have been having intense negotiations in Sharm El-Sheikh over the weekend to come out with a strong action plan on achieving the 1.5 degrees Celsius climate goal amid fears of softening the agreement on closing the emissions gap.</p>

<p>The Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Simon Stiell, recently revealed that no progress has been made so far.</p>

<p><strong>Also read |</strong>&nbsp;<a href="https://www.wionews.com/world/cop27-summit-near-halftime-but-critical-issues-remain-unresolved-533610">COP27 summit near halftime but critical issues remain unresolved</a></p>

<p>"My observations are that there are too many unresolved issues," Stiell said over the weekend.</p>

<p><strong>Also read |&nbsp;</strong><a href="https://www.wionews.com/world/some-countries-resisted-mentioning-15degc-goal-in-cop27-text-us-climate-envoy-533576">Some countries resisted mentioning 1.5°C goal in COP27 text: US climate envoy</a></p>

<p>"If we create a log jam in the process, we will not deliver an outcome that is deserving of the crisis."</p>

<p>Carbon Brief, a UK-based website specialising in the science and policy of climate change, has claimed that there are differences between the countries on the feasibility of the 1.5C threshold.</p>

<h2><strong>Watch |&nbsp;US: Only few countries mentioned the 1.5 degree global goal in COP27</strong></h2>

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<p>It is said that the unresolved differences could force Egypt to come out with a watered-down version of the commitment to the 1.5C figure, a deal that was seen as a major breakthrough in international climate ambition during the 2015 Paris Agreement.</p>

<p>In 2015, under the Paris Agreement, 196 countries committed to limit global warming to well below 2, preferably 1.5 degrees Celsius so that the planet can become climate neutral by 2050 – with net zero greenhouse gas emissions.</p>

<p>The said figure was agreed upon after the Intergovernmental Panel on Climate Change came out with a damming report that 1.5 degrees of warming will see extreme heatwaves, oceans rising, and the destruction of 70 to 90 per cent of coral reefs.</p>

<p>The 1.5 degrees Celsius pledge is crucial to secure a liveable future on Earth, IPCC said.</p>

<p><em>(With inputs from agencies)</em></p>

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Egypt, the host nation which holds the presidency of the COP27 summit, is reportedly struggling to find common ground between the member countries over the goal of limiting warming to 1.

Egypt, the host nation which holds the presidency of the COP27 summit, is reportedly struggling to find common ground between the member countries over the goal of limiting warming to 1.5 degrees Celsius. According to a BBC report, ministers have been having intense negotiations in Sharm El-Sheikh over the weekend to come out with a strong action plan on achieving the 1.5 degrees Celsius climate goal amid fears of softening the agreement on closing the emissions gap. The Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Simon Stiell, recently revealed that no progress has been made so far. Also read | COP27 summit near halftime but critical issues remain unresolved "My observations are that there are too many unresolved issues," Stiell said over the weekend. Also read | Some countries resisted mentioning 1.5°C goal in COP27 text: US climate envoy "If we create a log jam in the process, we will not deliver an outcome that is deserving of the crisis." Carbon Brief, a UK-based website specialising in the science and policy of climate change, has claimed that there are differences between the countries on the feasibility of the 1.5C threshold. Watch | US: Only few countries mentioned the 1.5 degree global goal in COP27 It is said that the unresolved differences could force Egypt to come out with a watered-down version of the commitment to the 1.5C figure, a deal that was seen as a major breakthrough in international climate ambition during the 2015 Paris Agreement. In 2015, under the Paris Agreement, 196 countries committed to limit global warming to well below 2, preferably 1.5 degrees Celsius so that the planet can become climate neutral by 2050 – with net zero greenhouse gas emissions. The said figure was agreed upon after the Intergovernmental Panel on Climate Change came out with a damming report that 1.5 degrees of warming will see extreme heatwaves, oceans rising, and the destruction of 70 to 90 per cent of coral reefs. The 1.5 degrees Celsius pledge is crucial to secure a liveable future on Earth, IPCC said. (With inputs from agencies) WATCH WION LIVE HERE:

COP27: Countries might water down commitment to 1.5C temperature issue, says report

<p>Licypriya Kangujam,&nbsp;born and brought up in India, has already felt the impact of climate change. The 11-year-old asserts that rich and powerful countries like the United States have a responsibility to make up for the "loss and destruction" experienced by less powerful countries like hers.&nbsp;As one of the youngest participants in this month's United Nations climate negotiations in Egypt, Licy, as she is fondly called, is one of India's most outspoken and youngest&nbsp;climate campaigners.</p>

<p>“My generation is the victim of climate change, but I don’t want our future generations to face the consequences of inaction by our leaders,” she told NBC News by phone from Sharm el-Sheikh, a Red Sea resort town in Egypt, where leaders and diplomats from almost 200 countries are gathered for the summit, known as COP27.</p>

<p>“This is a fight for the future of our planet — our future.”</p>

<p>In a first, "loss and damage" payments are on the climate summit's agenda. They have been demanded&nbsp;by dozens of developing countries, many of which are in South Asia, who argue that affluent nations should foot the bill for previous emissions, which are the primary driver of current climate change. The United States, which had earlier opposed the plan, now claims to be amenable to talks.</p>

<p>Licy, who raised funds for her travel to <a href="https://www.wionews.com/world/some-countries-resisted-mentioning-15degc-goal-in-cop27-text-us-climate-envoy-533576">COP27</a> by selling tea and coffee at a market booth in New Delhi, said she intends to hold the governments there accountable.</p>

<p>“Our leaders keep giving beautiful speeches,” she said. “They keep blaming each other for climate change and fail to take up collective efforts."</p>

<p><strong>WATCH |&nbsp;30 Egyptians protest outside COP27 Summit, demand protection of coral reefs</strong></p>

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<p>In the eastern state of Odisha in India,&nbsp;where Licy previously resided, storm and subsequent floods claimed the lives of dozens of people. She decided to become a climate activist as a result of the calamity.</p>

<p>Licy and her family migrated to New Delhi the next year where she and her younger sister were able to access higher schooling thanks to the relocation, but the city's air quality, which has been dubbed the most polluted capital in the world, was&nbsp;a problem for them.</p>

<p><strong>Also read |</strong>&nbsp;<a href="https://www.wionews.com/world/earth-set-to-face-catastrophic-warming-in-9-years-study-shows-533539">Earth set to face catastrophic warming in 9 years, study shows</a></p>

<p>On social media platforms like Twitter, where she has more than 160,000 followers, Licy has amplified calls for climate compensation. Her advocacy has carried her all around the world. She also started the Child Movement, a club that promotes environmental awareness and "spreads information to other youngsters."</p>

<p>Licy's classmates have pledged not to use single-use plastic because of her, and they frequently accompany her to rallies, tree-planting activities, and waste cleanups. One of their key objectives is to make environmental education a required course of study.<br />
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Licypriya Kangujam, born and brought up in India, has already felt the impact of climate change. The 11-year-old asserts that rich and powerful countries like the United States have a responsibility to make up for the "loss and destruction" experienced by less powerful countries like hers.

Licypriya Kangujam, born and brought up in India, has already felt the impact of climate change. The 11-year-old asserts that rich and powerful countries like the United States have a responsibility to make up for the "loss and destruction" experienced by less powerful countries like hers. As one of the youngest participants in this month's United Nations climate negotiations in Egypt, Licy, as she is fondly called, is one of India's most outspoken and youngest climate campaigners. “My generation is the victim of climate change, but I don’t want our future generations to face the consequences of inaction by our leaders,” she told NBC News by phone from Sharm el-Sheikh, a Red Sea resort town in Egypt, where leaders and diplomats from almost 200 countries are gathered for the summit, known as COP27. “This is a fight for the future of our planet — our future.” In a first, "loss and damage" payments are on the climate summit's agenda. They have been demanded by dozens of developing countries, many of which are in South Asia, who argue that affluent nations should foot the bill for previous emissions, which are the primary driver of current climate change. The United States, which had earlier opposed the plan, now claims to be amenable to talks. Licy, who raised funds for her travel to COP27 by selling tea and coffee at a market booth in New Delhi, said she intends to hold the governments there accountable. “Our leaders keep giving beautiful speeches,” she said. “They keep blaming each other for climate change and fail to take up collective efforts." WATCH | 30 Egyptians protest outside COP27 Summit, demand protection of coral reefs In the eastern state of Odisha in India, where Licy previously resided, storm and subsequent floods claimed the lives of dozens of people. She decided to become a climate activist as a result of the calamity. Licy and her family migrated to New Delhi the next year where she and her younger sister were able to access higher schooling thanks to the relocation, but the city's air quality, which has been dubbed the most polluted capital in the world, was a problem for them. Also read | Earth set to face catastrophic warming in 9 years, study shows On social media platforms like Twitter, where she has more than 160,000 followers, Licy has amplified calls for climate compensation. Her advocacy has carried her all around the world. She also started the Child Movement, a club that promotes environmental awareness and "spreads information to other youngsters." Licy's classmates have pledged not to use single-use plastic because of her, and they frequently accompany her to rallies, tree-planting activities, and waste cleanups. One of their key objectives is to make environmental education a required course of study. WATCH WION LIVE HERE:

COP27: Meet Licypriya Kangujam, India's youngest environmental activist who calls for climate compensation

Around 30 Egyptian youth protested outside the COP27 Summit. The demonstrators chanted slogans to protect the environment as they quietly protested in a designated are outside the Summit compound.

30 Egyptians protest outside COP27 Summit, demand protection of coral reefs

<p>The 27th edition of the United Nations Conference of Parties (COP27) climate summit at Egypt's Sharm El-Sheikh city reached halfway mark on Saturday. Yet the key issues on the agenda remain unresolved. Negotiators from across the world are working to draft deals, hoping to get all countries on board.&nbsp;</p>

<p>The two-week meeting in Sharm El-Sheikh is focused on pledges to curb greenhouse gas emissions and help developing nations cope with climate change-related disasters and the effects of global warming.&nbsp;</p>

<p>Here are the unresolved points of the COP27 agenda in Egypt:</p>

<p><strong>Controlling rising temperatures</strong></p>

<p>Climate change activists have expressed disappointment that the agenda of the COP27 summit falls short of specifying the threshold to which the rising temperature should be controlled. This is reportedly due to pushback from some major oil and gas exporting nations.</p>

<p><strong>Limiting emissions</strong></p>

<p>A proposed draft agreement circulated on Saturday at the COP27 summit had 200 square brackets, Euro News reported. This means that on cutting emissions, countries are yet to reach a common consensus.&nbsp;</p>

<p><strong>ALSO READ | <a href="https://www.wionews.com/world/earth-set-to-face-catastrophic-warming-in-9-years-study-shows-533539">Earth set to face catastrophic warming in 9 years, study shows</a></strong></p>

<p>Some countries want emission-control measures on an annual basis whereas others are pressing for a longer-term roadmap.&nbsp;</p>

<p><strong>'Loss and Damage' compensation to developing nations</strong></p>

<p>Pressure from developing countries ensured that the issue of 'loss and damage', compensation to developing nations by their developed counterparts, due to the latter's historical exploitation of the environment was placed on the formal agenda.&nbsp;</p>

<p><strong>WATCH |&nbsp;<a href="https://www.wionews.com/videos/wion-wideangle-cop27-who-will-pay-for-climate-change-533102">WION Wideangle | COP27: Who will pay for climate change?</a></strong></p>

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<p>The creation of an actual 'Loss and Damage' fund is yet to see the daylight on which the deadlock between the global south and global north must be resolved in the remaining days of the COP27 summit.</p>

<p><strong>Ceasing the use of fossil fuels</strong></p>

<p>Some countries demand the COP27 negotiations result in an explicit commitment by the nations to phase out the use of fossil fuels. Countries heavily dependent on fossil fuels have not been on board, pointing out the lack of funds required for the transition to renewable sources of energy.&nbsp;</p>

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The 27th edition of the United Nations Conference of Parties (COP27) climate summit at Egypt's Sharm El-Sheikh city reached halfway mark on Saturday. Yet the key issues on the agenda remain unresolved.

The 27th edition of the United Nations Conference of Parties (COP27) climate summit at Egypt's Sharm El-Sheikh city reached halfway mark on Saturday. Yet the key issues on the agenda remain unresolved. Negotiators from across the world are working to draft deals, hoping to get all countries on board. The two-week meeting in Sharm El-Sheikh is focused on pledges to curb greenhouse gas emissions and help developing nations cope with climate change-related disasters and the effects of global warming. Here are the unresolved points of the COP27 agenda in Egypt: Controlling rising temperatures Climate change activists have expressed disappointment that the agenda of the COP27 summit falls short of specifying the threshold to which the rising temperature should be controlled. This is reportedly due to pushback from some major oil and gas exporting nations. Limiting emissions A proposed draft agreement circulated on Saturday at the COP27 summit had 200 square brackets, Euro News reported. This means that on cutting emissions, countries are yet to reach a common consensus. ALSO READ | Earth set to face catastrophic warming in 9 years, study shows Some countries want emission-control measures on an annual basis whereas others are pressing for a longer-term roadmap. 'Loss and Damage' compensation to developing nations Pressure from developing countries ensured that the issue of 'loss and damage', compensation to developing nations by their developed counterparts, due to the latter's historical exploitation of the environment was placed on the formal agenda. WATCH | WION Wideangle | COP27: Who will pay for climate change? × The creation of an actual 'Loss and Damage' fund is yet to see the daylight on which the deadlock between the global south and global north must be resolved in the remaining days of the COP27 summit. Ceasing the use of fossil fuels Some countries demand the COP27 negotiations result in an explicit commitment by the nations to phase out the use of fossil fuels. Countries heavily dependent on fossil fuels have not been on board, pointing out the lack of funds required for the transition to renewable sources of energy. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

COP27 summit near halftime but critical issues remain unresolved

<p>According to the&nbsp;United States special climate envoy John Kerry, several nations have objected to the mention of a worldwide goal of limiting warming to 1.5 degrees Celsius in the text of the COP27 summit in Egypt.&nbsp;When asked about opposition by some governments to mentioning the 1.5C target, Kerry said, “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.”&nbsp;</p>

<p>"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," he added, referring to last year's COP summit in Scotland.</p>

<p>The Paris Agreement, which was signed in 2015 at a United Nations&nbsp;summit in France, was hailed as a major step forward in the global effort to combat climate change. It committed countries from across the world to attempt to keep the average global temperature increase to 1.5 degrees centigrade.&nbsp;</p>

<p>Also Read:&nbsp;<a href="https://www.wionews.com/world/chinese-are-using-cantonese-to-criticise-zero-covid-amid-heavy-censorship-533560">Chinese are using Cantonese to criticise zero-Covid amid heavy censorship</a></p>

<p>Since then, however, greenhouse gas emissions have increased, and scientists warn that if immediate and significant reductions are not made, the world may miss the target. Breaking the 1.5 degrees centigrade&nbsp;barrier puts the world at risk of experiencing the worst effects of global warming.<br />
<br />
On Thursday, Kerry told CNN that the world cannot avoid the damaging impact of climate crisis without private money since governments are not willing to pay. He then went on to defend&nbsp;his plan of raising cash for climate action by selling carbon emission offsets to companies, while reiterating, “There is not enough money in any country in the world to actually solve this problem.”</p>

<p><em>(with inputs from agencies)</em></p>

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According to the United States special climate envoy John Kerry, several nations have objected to the mention of a worldwide goal of limiting warming to 1.5 degrees Celsius in the text of the COP27 summit in Egypt.

According to the United States special climate envoy John Kerry, several nations have objected to the mention of a worldwide goal of limiting warming to 1.5 degrees Celsius in the text of the COP27 summit in Egypt. When asked about opposition by some governments to mentioning the 1.5C target, Kerry said, “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.” "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," he added, referring to last year's COP summit in Scotland. The Paris Agreement, which was signed in 2015 at a United Nations summit in France, was hailed as a major step forward in the global effort to combat climate change. It committed countries from across the world to attempt to keep the average global temperature increase to 1.5 degrees centigrade. Also Read: Chinese are using Cantonese to criticise zero-Covid amid heavy censorship Since then, however, greenhouse gas emissions have increased, and scientists warn that if immediate and significant reductions are not made, the world may miss the target. Breaking the 1.5 degrees centigrade barrier puts the world at risk of experiencing the worst effects of global warming. On Thursday, Kerry told CNN that the world cannot avoid the damaging impact of climate crisis without private money since governments are not willing to pay. He then went on to defend his plan of raising cash for climate action by selling carbon emission offsets to companies, while reiterating, “There is not enough money in any country in the world to actually solve this problem.” (with inputs from agencies)

Some countries resisted mentioning 1.5°C goal in COP27 text: US climate envoy

The two-week COP27 summit is at its half-day mark and in the latest the US President Joe Biden pledged that his country was on track to cut down its carbon emissions. He also urged all of the nations to increase their efforts for the cause.

COP27 summit: US President Joe Biden says 'on track to meet emission target'

<p>If humanity has to limit global temperature rise within 1.5-degree&nbsp;celsius, it can release up to 380 billion tons of carbon dioxide in coming decades, the annual Global Carbon Budget report said on Friday. This emission level cited in the report is equal to just nine years of current emissions.&nbsp;</p>

<p>The report also stated that greenhouse gas pollution will hit a record high this year, consisting of 40.6 billion tons of carbon dioxide. Fossil fuel emissions will contribute 36.7 billion tons of carbon dioxide, the report stated.</p>

<p><strong>WATCH |&nbsp;<a href="https://www.wionews.com/videos/wion-climate-tracker-europe-warming-at-twice-the-global-average-531279">WION Climate Tracker: Europe warming at twice the global average</a></strong></p>

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<p>Emissions in the United States and India have been forecasted to increase, whereas China and the European Union are expected to report small declines, the report, produced by 76 scientists from 57 research institutions in 15 countries worldwide, said.&nbsp;</p>

<p><strong>China&nbsp;still the largest emitter</strong></p>

<p>The report said that China (32%) is the largest emitter of greenhouse pollution, followed by the U.S. (14%), the European Union (8%), and India (8%).&nbsp;</p>

<p><strong>Atmospheric CO2 concentrations up by 9.5 billion tons</strong></p>

<p>Although over the past decade, land and ocean together absorbed 53 per cent of total carbon dioxide emitted, the rest still went up into the atmosphere. The report said that concentrations of carbon dioxide will reach 417.2 parts per million this year, compared to 414.7 ppm last year. This translates into an increase of 9.5 billion tons of atmospheric carbon dioxide.</p>

<p><strong>How much reduction of emissions is required?</strong></p>

<p>To reach the goals of the 2015 Paris agreement, which is preventing global warming beyond 1.5-degree celsius, it will require the world to curb emissions by 1.4 billion tons per year, the annual Global Carbon report said.&nbsp;</p>

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If humanity has to limit global temperature rise within 1.5-degree celsius, it can release up to 380 billion tons of carbon dioxide in coming decades, the annual Global Carbon Budget report said on Friday.

If humanity has to limit global temperature rise within 1.5-degree celsius, it can release up to 380 billion tons of carbon dioxide in coming decades, the annual Global Carbon Budget report said on Friday. This emission level cited in the report is equal to just nine years of current emissions. The report also stated that greenhouse gas pollution will hit a record high this year, consisting of 40.6 billion tons of carbon dioxide. Fossil fuel emissions will contribute 36.7 billion tons of carbon dioxide, the report stated. WATCH | WION Climate Tracker: Europe warming at twice the global average × Emissions in the United States and India have been forecasted to increase, whereas China and the European Union are expected to report small declines, the report, produced by 76 scientists from 57 research institutions in 15 countries worldwide, said. China still the largest emitter The report said that China (32%) is the largest emitter of greenhouse pollution, followed by the U.S. (14%), the European Union (8%), and India (8%). Atmospheric CO2 concentrations up by 9.5 billion tons Although over the past decade, land and ocean together absorbed 53 per cent of total carbon dioxide emitted, the rest still went up into the atmosphere. The report said that concentrations of carbon dioxide will reach 417.2 parts per million this year, compared to 414.7 ppm last year. This translates into an increase of 9.5 billion tons of atmospheric carbon dioxide. How much reduction of emissions is required? To reach the goals of the 2015 Paris agreement, which is preventing global warming beyond 1.5-degree celsius, it will require the world to curb emissions by 1.4 billion tons per year, the annual Global Carbon report said. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Earth set to face catastrophic warming in 9 years, study shows

<p>United States President Joe Biden said on Friday that the "very life of the planet" is at stake and urged nations during his COP27 address to work towards combating climate crisis. Biden also mentioned the ongoing Russian invasion of Ukraine and said that the conflict has made it more urgent for nations around the world to make extra commitments towards crisis management.</p>

<p>“Every nation needs to step up. At this gathering, we must renew and raise our climate ambitions.”</p>

<p>Also read |&nbsp;<a href="https://www.wionews.com/world/benjamin-netanyahu-to-receive-mandate-to-form-new-government-in-israel-533284">Benjamin Netanyahu to receive mandate to form new government in Israel</a></p>

<p>“It’s a duty and responsibility of global leadership. Countries that are in a position to help should be supporting developing countries so they can make decisive climate decisions—facilitating their energy transitions, building a path to prosperity compatible with our climate imperative.”</p>

<p>During the ongoing COP27 summit, several leaders have already made their intentions clear about meeting the global warming limit of 1.5 degrees Celsius and Biden also followed suit. The US President added that the country is on track and will cut their emissions by half before 2030.</p>

<p>Also read |&nbsp;<a href="https://www.wionews.com/world/donald-trumps-inner-circle-split-on-timing-of-presidential-campaign-announcement-533403" hreflang="en">Trump's inner circle split over timing of presidential campaign announcement</a></p>

<p>"The United States will meet our emissions targets," he said. “Let’s raise both our ambition and speed of our efforts. &nbsp;If we are going to win this fight, every major emitter needs to align with 1.5C. We can no longer plead ignorance of the consequences of our actions or continue to repeat our mistakes. Everyone has to keep accelerating progress throughout this decisive decade.”</p>

<p>During the speech, Biden also mentioned a number of initiatives including management of methane and introduction of warning systems for detecting weather disasters in specifically Africa.</p>


United States President Joe Biden said on Friday that the "very life of the planet" is at stake and urged nations during his COP27 address to work towards combating climate crisis.

United States President Joe Biden said on Friday that the "very life of the planet" is at stake and urged nations during his COP27 address to work towards combating climate crisis. Biden also mentioned the ongoing Russian invasion of Ukraine and said that the conflict has made it more urgent for nations around the world to make extra commitments towards crisis management. “Every nation needs to step up. At this gathering, we must renew and raise our climate ambitions.” Also read | Benjamin Netanyahu to receive mandate to form new government in Israel “It’s a duty and responsibility of global leadership. Countries that are in a position to help should be supporting developing countries so they can make decisive climate decisions—facilitating their energy transitions, building a path to prosperity compatible with our climate imperative.” During the ongoing COP27 summit, several leaders have already made their intentions clear about meeting the global warming limit of 1.5 degrees Celsius and Biden also followed suit. The US President added that the country is on track and will cut their emissions by half before 2030. Also read | Trump's inner circle split over timing of presidential campaign announcement "The United States will meet our emissions targets," he said. “Let’s raise both our ambition and speed of our efforts. If we are going to win this fight, every major emitter needs to align with 1.5C. We can no longer plead ignorance of the consequences of our actions or continue to repeat our mistakes. Everyone has to keep accelerating progress throughout this decisive decade.” During the speech, Biden also mentioned a number of initiatives including management of methane and introduction of warning systems for detecting weather disasters in specifically Africa.

COP27: Joe Biden calls for commitment to climate targets amid Ukraine war

Another year of broken promises. Another year of missed targets. Climate compensation takes centre stage at COP27 in Egypt. Have rich nations failed to tackle climate change? Will they pay up? Find out on WION Wideangle.

WION Wideangle | COP27: Who will pay for climate change?

<p>United States President Joe Biden is scheduled to address the Cop27 climate talks in Egypt today. It is anticipated that he will announce a crackdown on emissions of methane, a powerful greenhouse gas that considerably contributes to global warming and has a greater immediate impact than even carbon dioxide.&nbsp;</p>

<p>His administration is&nbsp;intensifying&nbsp;efforts to limit methane emissions, targeting the oil and gas industry.&nbsp;</p>

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<p dir="ltr" lang="en">Tomorrow, I'll join other global leaders at the COP27 in Egypt.<br />
<br />
We're living in a decisive decade – one in which we have an opportunity to prove ourselves and advance the global climate fight. Let this be a moment where we answer history’s call. Together.</p>
— President Biden (@POTUS) <a href="https://twitter.com/POTUS/status/1590892236438261760?ref_src=twsrc%5Etfw">November 11, 2022</a></blockquote>
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<p>Scientists warned today that the world's ability to prevent catastrophic levels of climate change will be hampered by the projected 1 per cent&nbsp;increase in global carbon dioxide emissions from burning fossil fuels this year.</p>

<p>According to White House national climate adviser Ali Zaidi, the Biden administration will pursue "a relentless focus to root out emissions wherever we can find them."&nbsp;</p>

<p>Oil and gas corporations have requested that the Environmental Protection Agency waive the methane rules for hundreds of thousands of the tiniest wells in the US.&nbsp;</p>

<p>Also Read:&nbsp;<a href="https://www.wionews.com/world/earthquake-of-magnitude-71-strikes-tonga-tsunami-warning-issued-533304">Earthquake of magnitude 7.1 strikes Tonga, tsunami warning issued</a></p>

<p>The President will urge nations to maintain their focus on limiting global warming to 1.5 degrees Celsius in his speech in Sharm el-Sheikh.&nbsp;</p>

<p>He will also go into detail on US efforts to decarbonize and the significance of public-private partnerships.</p>

<p><em>(with inputs from agencies)</em><br />
&nbsp;</p>

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United States President Joe Biden is scheduled to address the Cop27 climate talks in Egypt today. It is anticipated that he will announce a crackdown on emissions of methane, a powerful greenhouse gas that considerably contributes to global warming and has a greater immediate impact than even carbon dioxide.

United States President Joe Biden is scheduled to address the Cop27 climate talks in Egypt today. It is anticipated that he will announce a crackdown on emissions of methane, a powerful greenhouse gas that considerably contributes to global warming and has a greater immediate impact than even carbon dioxide. His administration is intensifying efforts to limit methane emissions, targeting the oil and gas industry. Tomorrow, I'll join other global leaders at the COP27 in Egypt. We're living in a decisive decade – one in which we have an opportunity to prove ourselves and advance the global climate fight. Let this be a moment where we answer history’s call. Together. — President Biden (@POTUS) November 11, 2022 × Scientists warned today that the world's ability to prevent catastrophic levels of climate change will be hampered by the projected 1 per cent increase in global carbon dioxide emissions from burning fossil fuels this year. According to White House national climate adviser Ali Zaidi, the Biden administration will pursue "a relentless focus to root out emissions wherever we can find them." Oil and gas corporations have requested that the Environmental Protection Agency waive the methane rules for hundreds of thousands of the tiniest wells in the US. Also Read: Earthquake of magnitude 7.1 strikes Tonga, tsunami warning issued The President will urge nations to maintain their focus on limiting global warming to 1.5 degrees Celsius in his speech in Sharm el-Sheikh. He will also go into detail on US efforts to decarbonize and the significance of public-private partnerships. (with inputs from agencies)

US President Joe Biden to address COP27 climate summit in Egypt

<p>Limiting the rise of global temperatures up to 1.5°C was an aspirational goal in the 2015 Paris agreement. But of the many 'what if' scenarios anticipated ever since, the most crucial 'what if' scenario concerns global food security amid rising temperatures. Israeli scientists have attempted to answer this big question to address the concerns about global food security.</p>

<p>Scientists in Israel are creating a gene bank from the seeds of local wild crops, some of which have survived for thousands of years since the start&nbsp;of agriculture by human civilisation&nbsp;and that may help farmers deal with a harsher climate in the coming decades.</p>

<p>In a eucalyptus grove nestled between an industrial zone and a new railroad under construction, botanist Alon Singer collected seeds from a number of plants recently spotted, including a variety of water mint, that will be frozen and stored at the Israel Plant Gene Bank at the Volcani Institute, the national agricultural Research and Development centre.</p>

<p><strong>WATCH |&nbsp;<a href="https://www.wionews.com/videos/wion-climate-tracker-people-in-kenya-struggle-to-feed-their-families-due-to-drought-526203">WION Climate Tracker: People in Kenya struggle to feed their families due to drought</a></strong></p>

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<p>Singer is combing the country along with other scouts and foragers in search of varieties of wheat, barley and countless other wild crops so their genetic makeup can be saved and studied before they are lost to expanding deserts and urbanization as the climate warms.</p>

<p>“The plants here are very unique. They are the ancestors of many of the cultivated plants used today,” he said.</p>

<p><strong>Such crops can withstand drought or pest outbreak</strong></p>

<p>Resilient characteristics can be harnessed to genetically modify farmed crops so they better withstand drought or disease.</p>

<p>Tens of thousands of types of seeds are stored in the gene bank. It may be smaller than some collections elsewhere in the world but the gene pool here is unique, coming from an area that was part of the Fertile Crescent region known as the birthplace of crop cultivation.</p>

<p><strong>ALSO READ |&nbsp;<a href="https://www.wionews.com/world/global-food-import-costs-may-near-record-2-trillion-hurting-worlds-poorest-533362">Global food import costs may near record $2 trillion, hurting world's poorest</a></strong></p>

<p>“This is where agriculture started about 10,000 years ago,” said Einav Mayzlish-Gati, director of the gene bank. “Species that were domesticated here are still in the wild adapting over the years to the changes in the environment.”</p>

<p>The World Bank warns that global agriculture is extremely vulnerable to climate change. Negative effects, it said, are already being felt with hotter temperatures, more frequent extreme weather events, and invasive crops and pests.</p>

<p>Global food import bills are forecasted to near $2 trillion this year, a United Nations report said on Friday.</p>

<p>Agriculture and global warming will be discussed by global leaders in Egypt on Saturday at COP27, the latest edition of the United Nations' annual climate change summit.<br />
&nbsp;</p>


Limiting the rise of global temperatures up to 1.5°C was an aspirational goal in the 2015 Paris agreement. But of the many 'what if' scenarios anticipated ever since, the most crucial 'what if' scenario concerns global food security amid rising temperatures.

Limiting the rise of global temperatures up to 1.5°C was an aspirational goal in the 2015 Paris agreement. But of the many 'what if' scenarios anticipated ever since, the most crucial 'what if' scenario concerns global food security amid rising temperatures. Israeli scientists have attempted to answer this big question to address the concerns about global food security. Scientists in Israel are creating a gene bank from the seeds of local wild crops, some of which have survived for thousands of years since the start of agriculture by human civilisation and that may help farmers deal with a harsher climate in the coming decades. In a eucalyptus grove nestled between an industrial zone and a new railroad under construction, botanist Alon Singer collected seeds from a number of plants recently spotted, including a variety of water mint, that will be frozen and stored at the Israel Plant Gene Bank at the Volcani Institute, the national agricultural Research and Development centre. WATCH | WION Climate Tracker: People in Kenya struggle to feed their families due to drought × Singer is combing the country along with other scouts and foragers in search of varieties of wheat, barley and countless other wild crops so their genetic makeup can be saved and studied before they are lost to expanding deserts and urbanization as the climate warms. “The plants here are very unique. They are the ancestors of many of the cultivated plants used today,” he said. Such crops can withstand drought or pest outbreak Resilient characteristics can be harnessed to genetically modify farmed crops so they better withstand drought or disease. Tens of thousands of types of seeds are stored in the gene bank. It may be smaller than some collections elsewhere in the world but the gene pool here is unique, coming from an area that was part of the Fertile Crescent region known as the birthplace of crop cultivation. ALSO READ | Global food import costs may near record $2 trillion, hurting world's poorest “This is where agriculture started about 10,000 years ago,” said Einav Mayzlish-Gati, director of the gene bank. “Species that were domesticated here are still in the wild adapting over the years to the changes in the environment.” The World Bank warns that global agriculture is extremely vulnerable to climate change. Negative effects, it said, are already being felt with hotter temperatures, more frequent extreme weather events, and invasive crops and pests. Global food import bills are forecasted to near $2 trillion this year, a United Nations report said on Friday. Agriculture and global warming will be discussed by global leaders in Egypt on Saturday at COP27, the latest edition of the United Nations' annual climate change summit.

Israeli scientists step up efforts to grow climate change-resistant crops

<p>Imprisoned British Egyptian activist, Alaa Abdel Fattah is in good health and does not require transportation to the hospital, the prosecutor said on Thursday.&nbsp;</p>

<p>Earlier, the police in its statement on Thursday mentioned that he is under medical intervention, contradicted by a personal rights organisation leader, who stated that this implies that Fattah is being force-fed.&nbsp;</p>

<p>Fattah is&nbsp;currently serving a five-year sentence after uploading a Facebook post regarding police brutality in order to spread 'fake news.'</p>

<p><a href="https://www.wionews.com/world/cop27-barbados-pm-calls-to-reform-imf-and-world-bank-finds-support-from-us-france-533033"><strong>Also read |&nbsp;COP27: Barbados PM calls to reform IMF and World Bank, finds support from US, France</strong></a></p>

<p>The activist extended his months-long hunger to include water in the COP27 meet. The 40-year-old activist also started refusing liquids on Sunday, the first day of the UN climate summit COP27 hosted by Egypt, AFP reported</p>

<p><strong>Watch |&nbsp;Biden hits world stage after Midterms: US President to attend COP27, G20 &amp; ASEAN Summit</strong></p>

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<p>The family has been constantly demanding medical updates. His attorney claimed that the prison where he was kept refused him access despite having permission from the interior ministry. His sister Mona Seif posted a video on Twitter saying that they should at least allow the mother to meet him.&nbsp;</p>

<p><a href="https://www.wionews.com/world/cop27-a-fossil-fuel-industry-trade-show-sharp-rise-in-industry-delegates-shocks-many-532912"><strong>Also read |&nbsp;COP27, a 'fossil fuel industry trade show'? Deluge of industry delegates at summit shocks many</strong></a></p>

<p>During the first COP27 meeting, the new UK Prime Minister Rishi Sunak, French President Emmanuel Macron and German Chancellor Scholz Nicolas all expressed their concerns and urged for his release. Even the head of the UN's human rights said warned that Fattah's life is at 'severe risk.'&nbsp;&nbsp;Recently, the White House expressed its "deep concerns" for the activist on Thursday, AFP reported.&nbsp;</p>

<p>Several activists at the COP27 summit in Sharm el-Sheikh posted videos and pictures with #FreeAlaa on Twitter. Hundreds of them screamed 'Free him! and "No climate justice without human rights." Others chanted "free them all" in reference to 60,000 political detainees that the groups claimed are held in the nation.&nbsp;</p>

<p><em>(With inputs from agencies)</em></p>

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Imprisoned British Egyptian activist, Alaa Abdel Fattah is in good health and does not require transportation to the hospital, the prosecutor said on Thursday. Earlier, the police in its statement on Thursday mentioned that he is under medical intervention, contradicted by a personal rights organisation leader, who stated that this implies that Fattah is being force-fed.

Imprisoned British Egyptian activist, Alaa Abdel Fattah is in good health and does not require transportation to the hospital, the prosecutor said on Thursday. Earlier, the police in its statement on Thursday mentioned that he is under medical intervention, contradicted by a personal rights organisation leader, who stated that this implies that Fattah is being force-fed. Fattah is currently serving a five-year sentence after uploading a Facebook post regarding police brutality in order to spread 'fake news.' Also read | COP27: Barbados PM calls to reform IMF and World Bank, finds support from US, France The activist extended his months-long hunger to include water in the COP27 meet. The 40-year-old activist also started refusing liquids on Sunday, the first day of the UN climate summit COP27 hosted by Egypt, AFP reported Watch | Biden hits world stage after Midterms: US President to attend COP27, G20 & ASEAN Summit The family has been constantly demanding medical updates. His attorney claimed that the prison where he was kept refused him access despite having permission from the interior ministry. His sister Mona Seif posted a video on Twitter saying that they should at least allow the mother to meet him. Also read | COP27, a 'fossil fuel industry trade show'? Deluge of industry delegates at summit shocks many During the first COP27 meeting, the new UK Prime Minister Rishi Sunak, French President Emmanuel Macron and German Chancellor Scholz Nicolas all expressed their concerns and urged for his release. Even the head of the UN's human rights said warned that Fattah's life is at 'severe risk.' Recently, the White House expressed its "deep concerns" for the activist on Thursday, AFP reported. Several activists at the COP27 summit in Sharm el-Sheikh posted videos and pictures with #FreeAlaa on Twitter. Hundreds of them screamed 'Free him! and "No climate justice without human rights." Others chanted "free them all" in reference to 60,000 political detainees that the groups claimed are held in the nation. (With inputs from agencies) WATCH WION LIVE HERE

COP27: Egyptian hunger striker Abdel Fattah is in 'good health,' says prosecutor, US shows concern 

Carbon pollution from fossil fuels is on the rise and it could further rise this year and this would mean that the emissions would hit an all-time high. The scientists have warned against this at the COP27 and highlighted the gap between the promises being made to cut the emissions.

UN COP27 Climate Summit: CO2 emissions to hit all-time high, says study

The fans of the world's famous boy band BTS held protests at the COP27 summit and they have called for some immediate climate action and they said that this is important because without planet earth there's not going to be any BTS music.

K-Pop fans rally for planet at COP27, call for urgent climate action

US climate envoy John Kerry announced a new, controversial plan Wednesday to raise cash for climate action in the developing world.

COP27 Climate Summit: US climate envoy John Kerry unveils 'carbon offset' plan

<p>Amid climate change worries, UN Secretary General Antonio Guterres delivered a rather comical moment at the COP27 summit when he accidentally started delivering the wrong speech. When he realised what he was saying didn't actually target the present crowd, he chuckled and started all over again.</p>

<p>Guterres was supposed to give the opening address at a session with former US Vice President Al Gore on tracking carbon emissions.&nbsp;</p>

<p>Also Read |&nbsp;<a href="https://www.wionews.com/world/cop27-un-climate-change-panel-ready-to-limit-global-warming-compensation-for-developing-nations-on-agenda-531681">UN climate change panel ready to 'limit global warming'</a></p>

<p>"The world is losing the race against the climate crisis, but I am hopeful because of you. You have been relentless in holding decision makers to account," Guterres said reading off his written speech. He then paused to reflect on what he was reading and shuffled through the pages.</p>

<p>"I think that I was given the wrong speech," Guterres laughed as did the crowd.</p>

<p>Guterres then informed the crowd that he is due to address a group of young people after the current address and the speech that he had been reading was meant for them.&nbsp;</p>

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<p dir="ltr" lang="en">UN Secretary-General António Guterres paused while speaking at COP27 after realizing that he was given the wrong speech.<br />
<br />
‘There was a small confusion. I apologize,’ Guterres said to the laughing audience.<br />
<br />
This video was created in collaboration with Nature's Newsroom. <a href="https://t.co/WqRH3j3vPe">pic.twitter.com/WqRH3j3vPe</a></p>
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<p>&nbsp;</p>

<p>"There was a small confusion, I apologise."</p>

<p>Guterres was then given the correct speech as the crowd applauded.&nbsp;</p>

<p>The 27th conference of the COP27 is currently on in Egypt's Sharm el-Sheikh where leaders of various countries have gathered to raise the issue of climate change and global warming. Climate finance remains the top agenda at the summit. The issue of climate change affecting poorer countries was also taken up.&nbsp;</p>

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<p>&nbsp;</p>

<p>China said that it was willing to support a mechanism for compensating poorer countries for losses and damage brought on by climate change. Meanwhile, the UK said that it would allow vulnerable countries affected by climate change to defer debt repayments.</p>

<p><em>(With inputs from agencies)</em></p>

<p>&nbsp;</p>

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Amid climate change worries, UN Secretary General Antonio Guterres delivered a rather comical moment at the COP27 summit when he accidentally started delivering the wrong speech.

Amid climate change worries, UN Secretary General Antonio Guterres delivered a rather comical moment at the COP27 summit when he accidentally started delivering the wrong speech. When he realised what he was saying didn't actually target the present crowd, he chuckled and started all over again. Guterres was supposed to give the opening address at a session with former US Vice President Al Gore on tracking carbon emissions. Also Read | UN climate change panel ready to 'limit global warming' "The world is losing the race against the climate crisis, but I am hopeful because of you. You have been relentless in holding decision makers to account," Guterres said reading off his written speech. He then paused to reflect on what he was reading and shuffled through the pages. "I think that I was given the wrong speech," Guterres laughed as did the crowd. Guterres then informed the crowd that he is due to address a group of young people after the current address and the speech that he had been reading was meant for them. UN Secretary-General António Guterres paused while speaking at COP27 after realizing that he was given the wrong speech. ‘There was a small confusion. I apologize,’ Guterres said to the laughing audience. This video was created in collaboration with Nature's Newsroom. pic.twitter.com/WqRH3j3vPe — NowThis (@nowthisnews) November 9, 2022 × "There was a small confusion, I apologise." Guterres was then given the correct speech as the crowd applauded. The 27th conference of the COP27 is currently on in Egypt's Sharm el-Sheikh where leaders of various countries have gathered to raise the issue of climate change and global warming. Climate finance remains the top agenda at the summit. The issue of climate change affecting poorer countries was also taken up. × China said that it was willing to support a mechanism for compensating poorer countries for losses and damage brought on by climate change. Meanwhile, the UK said that it would allow vulnerable countries affected by climate change to defer debt repayments. (With inputs from agencies)

Watch: Moment UN chief Guterres realises he was giving wrong speech at COP27

In Pics | Climate activists 'vandalise' famous paintings across countries

<p>China's climate envoy Xie Zhenhua on Wednesday said that China would be willing to support a mechanism for compensating poorer countries for losses and damage brought on by climate change.</p>

<p>Speaking at the COP27 climate summit in Egypt, he further said that his country is under no obligation to participate, but is willing to make a contribution.</p>

<p>"It is not the obligation of China but we are willing to make our contribution and make our effort."</p>

<p><strong>Watch |&nbsp;COP27 Climate Summit: US climate envoy John Kerry unveils 'carbon offset' plan</strong></p>

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<p>Later as per a Reuters report, a spokesperson for the Chinese delegation clarified that this contribution would not involve providing financial support.</p>

<p>According to Politico, US Special Envoy John Kerry told reporters last month that China should pay its own share of the cost of loss and damage, "especially if they think they're going to continue to go on to the next 30 years with increasing their emissions."</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/finance-takes-centre-stage-at-cop27-developing-world-seeks-details-532605" hreflang="en">Finance takes centrestage at COP27 as projects worth $120bn are listed for developing countries</a></strong></p>

<p>Xie addressed this statement by Kerry and said that "his friend for 25 years" did not bring up this subject with him during informal conversations this week at the climate summit.&nbsp;</p>

<p>He added that China had previously given developing nations billions of yuan to aid in their efforts to mitigate climate change.</p>

<p><strong>Also read |&nbsp;<a href="https://www.wionews.com/world/united-nations-chief-criticises-companies-for-engaging-in-toxic-cover-up-532336" hreflang="en">COP27: United Nations chief criticises companies for engaging in ‘toxic cover-up’</a></strong></p>

<p>Xie also talked about US House Speaker Nancy Pelosi's Taiwan visit and remarked that it had "hurt Chinese people's feelings."</p>

<p>Following the contentious visit by Pelosi, China announced that it would suspend all climate change dialogue with Washington. Xie said that informal discussions and personal correspondence are still continuing and that "The door is absolutely closed by (the United States)," adding "It is we, China, who are trying to open it."</p>

<p><em>(With inputs from agencies)</em></p>

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China's climate envoy Xie Zhenhua on Wednesday said that China would be willing to support a mechanism for compensating poorer countries for losses and damage brought on by climate change.

China's climate envoy Xie Zhenhua on Wednesday said that China would be willing to support a mechanism for compensating poorer countries for losses and damage brought on by climate change. Speaking at the COP27 climate summit in Egypt, he further said that his country is under no obligation to participate, but is willing to make a contribution. "It is not the obligation of China but we are willing to make our contribution and make our effort." Watch | COP27 Climate Summit: US climate envoy John Kerry unveils 'carbon offset' plan Later as per a Reuters report, a spokesperson for the Chinese delegation clarified that this contribution would not involve providing financial support. According to Politico, US Special Envoy John Kerry told reporters last month that China should pay its own share of the cost of loss and damage, "especially if they think they're going to continue to go on to the next 30 years with increasing their emissions." Also read | Finance takes centrestage at COP27 as projects worth $120bn are listed for developing countries Xie addressed this statement by Kerry and said that "his friend for 25 years" did not bring up this subject with him during informal conversations this week at the climate summit. He added that China had previously given developing nations billions of yuan to aid in their efforts to mitigate climate change. Also read | COP27: United Nations chief criticises companies for engaging in ‘toxic cover-up’ Xie also talked about US House Speaker Nancy Pelosi's Taiwan visit and remarked that it had "hurt Chinese people's feelings." Following the contentious visit by Pelosi, China announced that it would suspend all climate change dialogue with Washington. Xie said that informal discussions and personal correspondence are still continuing and that "The door is absolutely closed by (the United States)," adding "It is we, China, who are trying to open it." (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

COP27: China ready to back mechanism to compensate poor countries for climate change

#COP27 Another year of broken promises. Another year of missed targets. Climate compensation takes centre stage at COP27 in #Egypt. Have rich nations failed to tackle #ClimateChange? Will they pay up? Find out on #WIONWideangle

WION Wideangle | COP27: Who will pay for Climate Change?

The loss and damage fund has been this year's hot topic at the UN Climate Summit after much anticipation and herculean efforts from the poor countries, the compensation fund was finally put on the COP27 agenda. The fourth day of the summit was also dominated by the loss and damage fund.

COP27 Summit Day 4: China to contribute to 'loss & damage' fund?

<p>The number of COP27 summit delegates with links to fossil fuel-related entities is up by 25 per cent since the last summit in Glasgow last year, reports said.</p>

<p>According to the campaign group Global Witness, over 600 delegates at the talks in Egypt are linked to fossil fuel industries. This is more than the total number of delegates from the 10 countries most vulnerable to climate change, including Pakistan, Bangladesh, and Mozambique.</p>

<p><strong>ALSO READ | <a href="https://www.wionews.com/world/united-nations-chief-criticises-companies-for-engaging-in-toxic-cover-up-532336">COP27: United Nations chief criticises companies for engaging in ‘toxic cover-up’</a></strong></p>

<p>The researchers counted the number of delegates who were either directly affiliated with the fossil fuel companies or were attending as members of the national delegations on behalf of the fossil fuel-related entities.&nbsp;</p>

<p><strong>'COP27 a fossil fuel industry trade show'</strong></p>

<p>“COP27 looks like a fossil fuel industry trade show,” Rachel Rose Jackson of Corporate Accountability, one of the activists who exposed the data, said in a statement.</p>

<p>“We’re on a carousel of madness here rather than climate action. The fossil fuel industry, their agenda, it’s deadly. Their motivation is profit and greed. They’re not serious about climate action. They never have been and they never will," she added.&nbsp;</p>

<p><strong>WATCH |&nbsp;<a href="https://www.wionews.com/videos/cop27-summit-day-4-china-to-contribute-to-loss-damage-fund-532769">COP27 Summit Day 4: China to contribute to 'loss &amp; damage' fund?</a></strong></p>

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<p>The total attendance at the COP27 is expected to be 35,000, host Egypt had said prior to the beginning of the summit at the Red Sea resort of Sharm el-Sheikh.</p>

<p>Traditionally, such conferences have always attracted significant numbers from the coal, oil, and gas industries, with stakes in the trajectory the global climate change debate takes.&nbsp;The biggest single delegation at COP27 is from the United Arab Emirates, which will host COP28 next year in Dubai. Russia’s delegation has 33 lobbyists for oil and gas in a delegation of 150.</p>

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The number of COP27 summit delegates with links to fossil fuel-related entities is up by 25 per cent since the last summit in Glasgow last year, reports said. According to the campaign group Global Witness, over 600 delegates at the talks in Egypt are linked to fossil fuel industries.

The number of COP27 summit delegates with links to fossil fuel-related entities is up by 25 per cent since the last summit in Glasgow last year, reports said. According to the campaign group Global Witness, over 600 delegates at the talks in Egypt are linked to fossil fuel industries. This is more than the total number of delegates from the 10 countries most vulnerable to climate change, including Pakistan, Bangladesh, and Mozambique. ALSO READ | COP27: United Nations chief criticises companies for engaging in ‘toxic cover-up’ The researchers counted the number of delegates who were either directly affiliated with the fossil fuel companies or were attending as members of the national delegations on behalf of the fossil fuel-related entities. 'COP27 a fossil fuel industry trade show' “COP27 looks like a fossil fuel industry trade show,” Rachel Rose Jackson of Corporate Accountability, one of the activists who exposed the data, said in a statement. “We’re on a carousel of madness here rather than climate action. The fossil fuel industry, their agenda, it’s deadly. Their motivation is profit and greed. They’re not serious about climate action. They never have been and they never will," she added. WATCH | COP27 Summit Day 4: China to contribute to 'loss & damage' fund? × The total attendance at the COP27 is expected to be 35,000, host Egypt had said prior to the beginning of the summit at the Red Sea resort of Sharm el-Sheikh. Traditionally, such conferences have always attracted significant numbers from the coal, oil, and gas industries, with stakes in the trajectory the global climate change debate takes. The biggest single delegation at COP27 is from the United Arab Emirates, which will host COP28 next year in Dubai. Russia’s delegation has 33 lobbyists for oil and gas in a delegation of 150. WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

COP27, a 'fossil fuel industry trade show'? Deluge of industry delegates at summit shocks many

On the sidelines of the ongoing UN COP27 summit in Egypt, UK Prime Minister Rishi Sunak and French President Emmanuel Macron agreed on the importance of continuing to drive climate action forward.

Rishi Sunak and Emmanuel Macron hold talks on sidelines of COP27

The World Meteorological Organisation (WMO) has put forward a plan to develop a global early warning system for extreme weather events intensified by climate change. The initial investment for delivering early warning systems for all by 2027 will be nearly $3.1 billion.

WION Climate Tracker: UN launches $3.1 bn programme to build early warning system

<p>Keeping finance at the centre of the COP27 climate negotiations, a list of $120 billion in projects that investors may support to assist poorer countries cut emissions and adapt to the effects of global warming was published by United Nations experts on Wednesday.</p>

<p>Among the dozens of projects named is a $3 billion water transfer project between Lesotho and Botswana and a $10 million initiative to upgrade Mauritius' public water infrastructure.</p>

<p>Mahmoud Mohieldin, one of the UN-appointed experts, known as UN Climate Change High-Level Champions, said in a statement, "We can now show that a meaningful pipeline of investible opportunities does exist across the economies that need finance most."&nbsp;</p>

<p>The experts that assist the COP host countries in their interactions with industry put together a list of initiatives that may be funded more rapidly in an effort to counter the claim made by private sector financiers that investing more in emerging nations is too hazardous.&nbsp;</p>

<p>They provided the initial list so that banks and other stakeholders could evaluate the projects after a year of talks with stakeholders from all over the world.</p>

<p>Also Read:&nbsp;<a href="https://www.wionews.com/world/amid-us-midterms-north-korea-fires-another-ballistic-missile-532501">North Korea fires another ballistic missile, South identifies salvaged debris as part of Soviet-era weapon</a></p>

<p>"We now need a creative collaboration between project developers and public, private and concessionary finance, to unlock this investment potential and turn assets into flows," said Mohieldin, High-Level Champion for COP27.</p>

<p>Developing countries would need to receive $1 trillion in external financing every year by 2030, according to an&nbsp;analysis made public on Tuesday, in order to achieve the global aim of halting runaway climate change.</p>

<p><em>(with inputs from agencies)</em></p>

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Keeping finance at the centre of the COP27 climate negotiations, a list of $120 billion in projects that investors may support to assist poorer countries cut emissions and adapt to the effects of global warming was published by United Nations experts on Wednesday.

Keeping finance at the centre of the COP27 climate negotiations, a list of $120 billion in projects that investors may support to assist poorer countries cut emissions and adapt to the effects of global warming was published by United Nations experts on Wednesday. Among the dozens of projects named is a $3 billion water transfer project between Lesotho and Botswana and a $10 million initiative to upgrade Mauritius' public water infrastructure. Mahmoud Mohieldin, one of the UN-appointed experts, known as UN Climate Change High-Level Champions, said in a statement, "We can now show that a meaningful pipeline of investible opportunities does exist across the economies that need finance most." The experts that assist the COP host countries in their interactions with industry put together a list of initiatives that may be funded more rapidly in an effort to counter the claim made by private sector financiers that investing more in emerging nations is too hazardous. They provided the initial list so that banks and other stakeholders could evaluate the projects after a year of talks with stakeholders from all over the world. Also Read: North Korea fires another ballistic missile, South identifies salvaged debris as part of Soviet-era weapon "We now need a creative collaboration between project developers and public, private and concessionary finance, to unlock this investment potential and turn assets into flows," said Mohieldin, High-Level Champion for COP27. Developing countries would need to receive $1 trillion in external financing every year by 2030, according to an analysis made public on Tuesday, in order to achieve the global aim of halting runaway climate change. (with inputs from agencies)

Finance takes centrestage at COP27 as projects worth $120bn are listed for developing countries

Pakistan, Bahamas and New Zealand addressed the third day of the COP27 event. All the leaders were on the demands of climate vulnerable countries in mobilising loss and damage funds for disaster-hit nations.

COP27: Pakistan Prime Minister Shehbaz Sharif speaks on climate finance

In Pics | Climate activists' protests amid and ahead of COP27

<p>An Egyptian lawmaker defended the detention of British-Egyptian pro-democracy activist Alaa Abdel Fattah and was removed from a press conference at the COP27 climate meeting. Abdel Fattah has been on a hunger strike for over 200 days and has also refused water since Sunday. In a statement issued in Geneva, UN human rights chief Volker Türk urged the Egyptian government to "immediately release Abdel Fattah from prison and provide him with the necessary medical treatment".&nbsp;</p>

<p>Amr Darwish was addressing a panel that also included Sanaa Seif, Abdel Fattah's sister, when he said that he was "not a political prisoner".&nbsp;</p>

<p>Also Read |&nbsp;<a href="https://www.wionews.com/world/egyptian-british-activist-alaa-abd-el-fattahs-hunger-strike-may-dominate-cop27-warns-amnesty-chief-531749">Alaa Abd El-Fattah's hunger strike may dominate COP27, warns Amnesty chief</a></p>

<p>Türk said his life was "at acute risk" and he needs to be freed immediately. Abdel Fattah has been on a hunger strike since April for being denied consular visits. His sister, Sanaa Seif, said, "All we know is that Alaa stopped drinking water 50 hours ago. We don't know where he is. We don't know if he is alive."</p>

<p>"My mother waited outside the prison gates for 10 hours yesterday for her weekly letter. They didn't give her one. She is back at those gates right now," she told a news conference at the COP27 climate conference in Egypt.</p>

<p>"I asked the British authorities to get us some proof that Alaa is alive and conscious. I did not get any response."</p>

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<p>&nbsp;</p>

<p>She further raised concerns about the way her brother is possibly being treated by prison authorities. Egypt's Foreign Minister Sameh Shoukry had told CNBC that authorities were providing Abdel Fattah with the "healthcare and care that is available to all inmates". &nbsp;&nbsp; &nbsp;President Abdul Fattah al-Sisi had, meanwhile, had told French President Macron that Egypt is committed to keeping him in good health.</p>

<p>"Are they force-feeding my brother right now? Is he handcuffed in a bed put on IVs [intravenous therapy] against his will. This is what it sounds like to me," Ms Seif said. "If that is the case, then he has been plunged into a worse nightmare than he was already in."</p>

<p>The UN human rights chief also called on Egypt to "fulfil their human rights obligations and immediately release all those arbitrarily detained".</p>

<p><em>(With inputs from agencies)</em></p>

<p>&nbsp;</p>

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An Egyptian lawmaker defended the detention of British-Egyptian pro-democracy activist Alaa Abdel Fattah and was removed from a press conference at the COP27 climate meeting.

An Egyptian lawmaker defended the detention of British-Egyptian pro-democracy activist Alaa Abdel Fattah and was removed from a press conference at the COP27 climate meeting. Abdel Fattah has been on a hunger strike for over 200 days and has also refused water since Sunday. In a statement issued in Geneva, UN human rights chief Volker Türk urged the Egyptian government to "immediately release Abdel Fattah from prison and provide him with the necessary medical treatment". Amr Darwish was addressing a panel that also included Sanaa Seif, Abdel Fattah's sister, when he said that he was "not a political prisoner". Also Read | Alaa Abd El-Fattah's hunger strike may dominate COP27, warns Amnesty chief Türk said his life was "at acute risk" and he needs to be freed immediately. Abdel Fattah has been on a hunger strike since April for being denied consular visits. His sister, Sanaa Seif, said, "All we know is that Alaa stopped drinking water 50 hours ago. We don't know where he is. We don't know if he is alive." "My mother waited outside the prison gates for 10 hours yesterday for her weekly letter. They didn't give her one. She is back at those gates right now," she told a news conference at the COP27 climate conference in Egypt. "I asked the British authorities to get us some proof that Alaa is alive and conscious. I did not get any response." × She further raised concerns about the way her brother is possibly being treated by prison authorities. Egypt's Foreign Minister Sameh Shoukry had told CNBC that authorities were providing Abdel Fattah with the "healthcare and care that is available to all inmates". President Abdul Fattah al-Sisi had, meanwhile, had told French President Macron that Egypt is committed to keeping him in good health. "Are they force-feeding my brother right now? Is he handcuffed in a bed put on IVs [intravenous therapy] against his will. This is what it sounds like to me," Ms Seif said. "If that is the case, then he has been plunged into a worse nightmare than he was already in." The UN human rights chief also called on Egypt to "fulfil their human rights obligations and immediately release all those arbitrarily detained". (With inputs from agencies)

British-Egyptian activist's sister confronted by Egyptian MP at COP27

In COP27 climate summit, countries will be aiming to make progress on climate finance and helping developing countries with the loss and damage they suffer from the climate crisis.

WION Climate Tracker | COP27 Summit: Egypt looks at developed nations to fulfil financial purpose

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