🛑 This is short summary of some important and strategic Highlights of COP27. To be held in Egypt Sharm El-Sheikh, 6-18 November 2022.
Informative Summary on the strategic approaches (interviews with Mahmoud Mohieldin) to deal with the challenges and expectations of what COP27, Sharm El-Sheikh 6-18 November 2022, will bring to the table that are different than other COPs. Here are several key and strategic issues for implementation of measures and integrated actions to be considered in #COP27:
- investments in regional dimensions with pipeline of investable projects in #energy, #decarbonization, #adaptation, ….. including localisation of climate actions with #regional examples to expand the work of academics and science.
- mitigation needs to be kept in track but #adaptation and #resilience (early warning systems) needs to be dealt with seriously and given sufficient attention to #finance, #technology and appropriate regulations for #changing behaviour.
- loss and #damage e.g. small islands, poor countries to get compensated and enhancing the need to get our act together.
- more #engagement and participation from the #private sector by active investment in greening industries, e.g. within resilience and adaptation; scientific support and #building capacity, ….. .
- innovation in #private sector so companies can promote more inspiration where governments can provide them with the tools they need to facilitate green carbon transition, e.g. #green #hydrogen (less mitigation and more adaptation) to make more shift from 80% mitigation versus 20% adaptation.
- promoting and #integrating young entrepreneurs including #SME. Many jobs can be created where the future wouldn’t only benefit the big names and big companies so as the ongoing green transition can be filtered down.
- more #attention to the other goals of the #UN #SDGs and not only climate action, e.g. global biodiversity, nature and environment by more attention to overall sustainable development goals. For example linking climate finance with biodiversity finance, protection of land degradation and more coupling of #environment, #climate and #biodiversity nexus.
- to be more on the track for achieve the targets as the world is still under investing with 80% of our economies are so far based on fossil fuel specially that the ongoing transition may take decades. The world is under huge pressure to burn whatever they have of fossil fuel. Renewables solar, wind, green hydrogen and return to nuclear needs enormous efforts specially #decarbonisation of #industires with intensive energy need cement, steel, shipment, …. . There are economies that demonstrated success in tuning their economies by adaptation of solar energy such as India, China, Egypt, also Morocco biggest in solar energy.
This said, some important aspects that were not mentioned in the interview but yet included in COP27 program are the increasing attention to the importance of the global water cycle, water resources and biodiversity both on land and under the water in order to achieve net zero-carbon in the atmosphere. This includes of course to have a healthy and wealthy photosynthesis production, e.g. forests, vegetation cover and farming on land as well as the oceanic and marine components of biodiversity. Indeed, the transition to zero-carbon means that we in reality seeking balance in the global carbon cycle and its therefore logic to seriously consider the role of photosynthesis, water resources and nutrients as these are essential components for the natural balancing of the carbon cycle itself. Based on this it is crucial to widen our focus on many other goals as defined by the UN-SDGs and the Paris Agreement itself.