The Major Economies Forum will deal with subsequent steps following November’s UN local weather summit in Glasgow, and chart a path ahead for main international locations to step up their local weather ambitions and reduce emissions.
In addition to representatives from main economies — which produce the vast majority of international greenhouse fuel emissions — different international locations which were most impacted by the local weather disaster have been invited.
The occasion marks an opportunity for Kerry to get some face time with local weather ministers, albeit digital. Kerry’s usually busy journey schedule has been stymied by the speedy unfold of the COVID-19 coronavirus, pushed by the Omicron variant. Kerry’s final two in-person journeys to Europe and Jordan passed off in December.
Participants embrace ministers and different high-ranking officers representing greater than two dozen international locations and entities, together with the United Nations, UK and the European Union. It can be anticipated to be attended by a few of the world’s different prime emitters, together with Russia, China, Brazil and India.Though some progress was made on the November summit, it was largely seen as a disappointment for failing to handle fossil gas emissions with the urgency scientists implore.
The settlement solid between nations contained an unprecedented point out of fossil fuels and their position in exacerbating the local weather disaster. However, objections from a number of international locations watered down the language; for example, India pressured a last-minute textual content change that resulted in an settlement that coal needs to be phased “down,” moderately than being phased “out.”
The US and China solid an settlement to curb China’s methane emissions and ramp up its local weather ambition, however a number of summit contributors informed CNN that they believed Kerry’s group was being prevented from becoming a member of pledges to section out coal due to the troublesome politics surrounding President Joe Biden’s huge local weather and financial invoice.
The summit additionally ended with no clear decision on the difficulty of loss and injury — whether or not rich nations ought to create a devoted local weather fund for smaller, creating nations which might be bearing the brunt of local weather change.