Proposed #COP27 Cover decision text is now out:
unfccc.int/documents/6243…
Proposed #COP27 cover decision text reaffirms the Glasgow Pact, but does not include stronger language on coal phase out
Proposed #COP27 cover text includes 2 wins and a "maybe" for #LossAndDamageFinance:
-Welcomes it now being an agenda item
-Welcomes the establishment of the Santiago Network
-[Placeholder for possible Loss & damage fund]
Proposed #COP27 cover decision includes what would be a first, if agreed on: a call to reform the global financial system
Proposed #COP27 cover decision builds a political bridge for the Global Stocktake process next year:
Climate Ambition Summit hosted by @antonioguterres in September 2023 would help the GST transition from the technical to the political phase, before concluding at COP28
Disappointing: the current #COP27 cover decision no longer includes a reference to the human right to a clean, health and sustainable environment.
Despite it being adopted at the UNGA only months ago..
Proposed #Cop27 cover decision is extremely week on fossil fuel phase out, BUT:
-Does include strong references to scaling up RE
-For the first time includes the need for social dialogue + sets up a just transition work programme
Well done union friends @ituc @BertDeWel
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