The EU faces COP27 trying to reconcile climate commitments and the energy crisis

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The twenty-seven face the 27th UN Climate Change Conference with the aim of doing “everything possible” so that the task of reducing global warming to 1.5 degrees Celsius by the end of the century is “attainable” stays.

Euskaraz irakurri: Europar Batasunak konpromiso klimatikoak eta krisi energetikoak uztartzeko erronka du klimaren goi-bileran

The European Union (EU) faces the United Nations COP27 conference on climate change, which will be held in Egypt, which will seek a balance to reconcile climate commitments and the energy crisis. Since the start of the war in Ukraine, the EU has been looking for new suppliers of the fossil fuels it wants to get rid of in the medium term, while trying to implement the regulations to meet the commitments reached in the Paris Agreement .

The community club faces this summit with the goal of doing “everything possible” so that the task of reducing global warming to 1.5 degrees Celsius by the end of the century remains “attainable,” community sources said on the eve. of the inauguration of the conference.

The bloc will also seek to accelerate climate change mitigation and adaptation, pursue “effective solutions” to the so-called “losses and damages” associated with global warming, and try to persuade other powers to make their financial contributions. increase to facilitate climate investment by countries in developing countries. The idea is to reach $100 billion a year.

The International Energy Agency (IEA) calculated in July that the EU will increase coal combustion by 7% by 2022, contributing to the 14% growth recorded in 2021. In addition, the EU has largely replaced Russian natural gas with hydrocarbons from the United States, Norway and Algeria, reducing the weight of Russian gas purchases from 40% before the war to 9% today. Brussels defends that “these are short-term measures to ensure security of supply”, before acknowledging that the club will have to “recover lost ground” in the second half of this decade.

In July 2021, the Community Executive presented its ‘Objective 55’ or ‘Fit for 55’ roadmap (a package of more than a dozen legislative projects) to reduce greenhouse gas emissions by 55% by the end of the decade. Since its publication, the European Parliament and member states have only reached a political agreement on the regulations banning the sale of new combustion vehicles from 2035 (last week), but the negotiating teams are working to move other projects forward before the end of the year.

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Source: EITB

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