The 27th UN Climate Change Conference (COP27) ended with an agreement to provide funding to developing countries for damage caused by emissions, while this is a significant win for COP27, environmentalists believe more can still be done to tackle the climate crisis.
Speaking with Our Today, Dr Theresa Rodriguez-Moodie, environmentalist and CEO of the Jamaica Environment Trust, said COP27 didn’t address the issue of fossil fuel.
“The COP27 text didn’t have the important statements like the phase down of all fossil fuels, [or] the phase down of coal. It doesn’t have that in the language and when you fail to address fossil fuels, you have failed to address the root causes of the climate crisis,” she said.
Moodie believes that more can be done to phase out fossil fuels globally, but there is not enough political will.
“The 1.5 degrees Celsius temperature limit, which we say we cannot pass is technically within reach. But there have been some concerns that it’s not politically in reach. Emissions would have to fall globally by 50 per cent and of course to achieve that level of reduction, a lot would have to change,” she said.
Among these changes, she listed a drastic reduction in fossil fuels, with no new fossil-related projects being approved.
The environmentalist further said that a drastic reduction in global emissions can only be achieved through the fossil fuel non-proliferation treaty.
“When we talk about the fossil fuel non-proliferation treaty, we talk about preventing any new fossil fuel projects including explorations. Then we talk about the phase out of fossil fuels and then we have to look about the just transitioning away from the use of fossil fuel,” stated Moodie.
She noted that communities depend on the industry for jobs, therefore, there has to be a way to phase out fossil fuels.
Moodie also added that the funding alone is not enough to tackle the climate crisis, because developed countries are still contributing to a rise in global emissions.
COP27 is an annual climate summit where almost 200 countries are invited to discuss the issue of climate change and agree on steps to reduce rising global temperatures. At the end of this year’s summit, a new agreement was made to provide developing countries with funding to assist with loss and damage such as flooding, drought and rising sea levels associated with climate change.