COP27: mixed reactions around the world

The COP27 in Sharm el-Sheikh, Egypt, ended on Sunday with mixed results and a lot of reactions.

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The COP27 in Sharm el-Sheikh, Egypt, ended on Sunday with mixed results and reactions have been pouring in to welcome progress in helping poor countries affected by climate change, but also to regret a lack of ambition in reducing emissions.

UN Secretary General Antonio Guterres: “We need to drastically reduce emissions now – and that’s a question that this COP has not answered”.

“This COP has taken an important step towards justice. I welcome the decision to establish a loss and damage fund and to make it operational in the near future. This will clearly not be enough but it is a much needed political signal to rebuild broken trust.

Frans Timmermans, Vice President of the European Commission: “The world will not thank us when it hears only an apology tomorrow”.

“What we have here is a step forward that is too short for the people of the world. It doesn’t provide enough additional effort from major emitters to increase and accelerate their emissions reductions.”

Annalena Baerbock, German Green Foreign Minister: “Hope and frustration” are mixed.

“We have made a breakthrough on climate justice – with a broad coalition of states after years of stagnation,” but “the world is losing precious time on the 1.5 degree trajectory.”

Agnès Pannier-Runacher, French Minister for Energy Transition: “No progress was made on the need to make additional efforts to reduce greenhouse gases and to move away from fossil fuels. This is a real disappointment”, but this summit “responds to the expectations of the most vulnerable countries with a strong advance: the creation of new financing tools for loss and damage related to climate disasters”.

Shehbaz Sharif, Prime Minister of Pakistan hit by catastrophic floods this summer (more than 1,700 deaths): The adoption of a dedicated fund to finance climate damage is “a decisive first step towards the goal of climate justice”.

“It is up to the transition committee to build on this historic development.

Pakistan’s Climate Change Minister Sherry Rehman, current chair of the powerful G77+China negotiating group, had earlier called the fund “not a matter of charity” but “a down payment on the longer-term investment in our common future and an investment in climate justice.

Antigua and Barbuda’s Minister of the Environment, Molwyn Joseph, on behalf of the Alliance of Small Island States (Aosis): “Aosis promised the world that it would not leave Sharm el-Sheikh without succeeding
to establish a loss and damage response fund. This 30-year mission is now complete.

Laurence Tubiana, architect of the 2015 Paris Agreement: “This COP has caused deep frustrations but it was not in vain. It has provided a significant breakthrough for the most vulnerable countries. The loss and damage fund, which was only a dream at COP26 last year, is on track to start operating in 2023″.

“The influence of the fossil fuel sector was pervasive. This COP weakened the obligations for countries to present new and more ambitious commitments.

Vanessa Nakate, youth activist from Uganda: “COP27 was supposed to be the ‘African COP’ but the needs of Africans have been obstructed all along. Losses and damages in vulnerable countries can no longer be ignored but some countries here in Egypt had decided to ignore our suffering. The youth have not been able to make their voices heard because of restrictions on demonstrations but our movement is growing.

The NGO Christian Aid: “It has been a long struggle for developed countries to get this fund, the devil will be in the details and money still needs to be put into it. But this is a positive step forward towards climate justice.

“It is disappointing that despite all the rhetoric from leaders at the beginning of this summit about the seriousness of the climate emergency, countries have not even agreed on a phase-out of all fossil fuels.”

Brazilian authorities have launched a large-scale operation targeting a money laundering system linked to the fuel sector, involving investment funds, fintechs, and more than 1,000 service stations across the country.
A national study by the Davies Group reveals widespread American support for the simultaneous development of both renewable and fossil energy sources, with strong approval for natural gas and solar energy.
The South Korean government compels ten petrochemical groups to cut up to 3.7 million tons of naphtha cracking per year, tying financial and tax support to swift and documented restructuring measures.
The U.S. Department of Energy has extended until November the emergency measures aimed at ensuring the stability of Puerto Rico’s power grid against overload risks and recurring outages.
Under threat of increased U.S. tariffs, New Delhi is accelerating its energy independence strategy to reduce reliance on imports, particularly Russian oil.
With a new $800 million investment agreement, Tsingshan expands the Manhize steel plant and generates an energy demand of more than 500 MW, forcing Zimbabwe to accelerate its electricity strategy.
U.S. electric storage capacity will surge 68% this year according to Cleanview, largely offsetting the slowdown in solar and wind projects under the Trump administration.
A nationwide blackout left Iraq without electricity for several hours, affecting almost the entire country due to record consumption linked to an extreme heatwave.
Washington launches antidumping procedures against three Asian countries. Margins up to 190% identified. Final decisions expected April 2026 with major supply chain impacts.
Revenues generated by oil and gas in Russia recorded a significant decrease in July, putting direct pressure on the country’s budget balance according to official figures.
U.S. electricity consumption reached unprecedented levels in the last week of July, driven by a heatwave and the growth of industrial activity.
The New York Power Authority targets nearly 7GW of capacity with a plan featuring 20 renewable projects and 156 storage initiatives, marking a new phase for public investment in the State.
French Guiana plans to achieve a fully decarbonised power mix by 2027, driven by the construction of a biomass plant and expansion of renewable energy on its territory.
The progress of national targets for renewable energy remains marginal, with only a 2% increase since COP28, threatening the achievement of the tripling of capacity by 2030 and impacting energy security.
A Department of Energy report states that US actions on greenhouse gases would have a limited global impact, while highlighting a gap between perceptions and the economic realities of global warming.
Investments in renewable energy across the Middle East and North Africa are expected to reach USD59.9 bn by 2030, fuelled by national strategies, the rise of solar, green hydrogen, and new regional industrial projects.
Global electricity demand is projected to grow steadily through 2026, driven by industrial expansion, data centres, electric mobility and air conditioning, with increasing contributions from renewables, natural gas and nuclear power.
Kenya registers a historic record in electricity consumption, driven by industrial growth and a strong contribution from geothermal and hydropower plants operated by Kenya Electricity Generating Company PLC.
Final energy consumption in the European industrial sector dropped by 5% in 2023, reaching a level not seen in three decades, with renewables taking a growing role in certain key segments.
Réseau de transport d’électricité is planning a long-term modernisation of its infrastructure. A national public debate will begin on September 4 to address implementation methods, challenges and conditions.

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