Last Call for 1.5 Degrees: journal article COP27 in Sharm El Sheikh Schedules Fund for Loss and Damage for Departure While Mitigation Stays Grounded Wolfgang Obergassel, Christof Arens, Christiane Beuermann, Carsten Elsner, Lukas Hermwille, Nicolas Kreibich, Hermann E. Ott, Juliane Schell, Max Schulze-Steinen, Meike Spitzner Carbon & Climate Law Review, Volume 16 (2022), Issue 4, Page 225 - 242 The twenty-seventh Conference of the Parties (COP27) to the United Nations Framework Convention on Climate Change (UNFCCC) in Sharm el-Sheikh made history by for the first time ever discussing and ultimately even agreeing to establish a fund to address loss and damage caused by climate change. However, the conference did little to limit the occurrence of loss and damage in the first place by containing the extent of climate change. This article discusses the conference's outcomes in the areas of mitigation and adaptation, loss and damage, the Global Stocktake, cooperation under Article 6 of the Paris Agreement, climate finance, and gender-responsiveness. While modest progress can be observed, it is too slow to actually achieve the objectives of the Paris Agreement. This pace is leading many, not least the most vulnerable countries, to search for parallel arenas of cooperation.
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