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ARTICLE · 18 NOVEMBER 2022

COP27: Observations From The COP27 Halfway Point

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We are half way through COP27, so (disregarding the intersessionals that will take place during 2023), the negotiations will "soon" start to focus on Dubai, the venue for next year's COP28 summit.

United StatesFinance and Banking
Tim Baines
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J. Paul Forrester
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We are half way through COP27, so (disregarding the intersessionals that will take place during 2023), the negotiations will "soon" start to focus on Dubai, the venue for next year's COP28 summit. Who knows how much progress will be made before then. One point to note is that COP27 is more of an "implementation" COP, rather than one with a more grandiose task, such as ramping up climate ambition.

To continue on that point, there do seem to be signs of recognition that the 1.5 degrees Celsius "goal" of the Paris agreement may be unachievable, and that perhaps focus should instead be on preventing further increases in global temperatures more generally (as opposed to meeting specific temperature goals).

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