Sharm El Sheikh, 8 November 2022 (TDI): Germany lauds the adoption of the agenda including a room to discuss loss & damage because of climate change at the COP27.
The United Nations Climate Change Conference (COP27) has entered its third day today featuring “Rising number of Climate Change Issues.”
Day 2 of COP27 got off to a promising start with the agenda being approved, which included time to talk about loss and damage—something Germany had been pushing for.
Also Read: COP27 World Leaders Summit
It demonstrates the vitality of multilateralism. All states may build on that for the negotiations over the following two weeks.
German Foreign Minister, Annalena Baerbock stated, ‘‘our message is crystal clear as COP27 in Egypt gets underway: Germany is not veering even slightly from its climate targets. Instead, we are intensifying our efforts against them”.
Despite the impact of Russia’s invasion of Ukraine, German Chancellor Olaf Scholz on Monday urged COP27 UNFCCC, members, not to lose sight of renewable energy ambitions.
Speaking at the leaders’ summit in Sharm El Sheikh, Egypt, Olaf Scholz warned against a global resurrection of fossil fuels. He said, “And as for Germany, I can say: there will not be one.”
After the start of the war in Ukraine, prices have increased and Russian energy imports have decreased, placing pressure on the largest economy in Europe.
Germany, which for a long time relied on imports from Moscow to cover its energy demands, has hurriedly bolstered its supplies to prevent shortages this winter.
As a result, policymakers decided to revive aging coal power stations “for a brief period,” according to Scholz.
Russia’s ability to exert pressure by reducing supplies demonstrated that the switch away from fossil fuels was a “security policy imperative,” stated Olaf Scholz.
He claimed that reduced global warming would lead to “fewer droughts and floods, fewer disputes over resources, less hunger, fewer bad harvests, and better security and well-being for all.”
Scholz expressed at COP27, that Germany would increase its contributions to global environmental programs, increasing the total to €6 billion.
“The battle in Russia is not bringing us back to the era of fossil fuels. Instead, we are advancing more quickly than ever toward a greener future.”
“Every solar panel and wind turbine increases security and independence because every tenth of a degree less in global warming will help us achieve our agenda for which we gather here at COP27, ” said Scholz.
Germany urged the Global Leaders to Work with full force to counter Russia’s energy supremacy.
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