Thread by @LossandDamage

1/16. #COP27 officially began today with the ceremonial opening taking place in the plenary this morning and we have already seen significant developments on #LossAndDamage. Here is our summary on day one of #COP27. 🧵

2/16. After opening the COP the @COP27P announced that "Matters relating to funding arrangements responding to #LossAndDamage associated with the adverse effects of #ClimateChange, including a focus on addressing #LossAndDamage." would be a sub-agenda item under finance.

3/16. Following the announcement, the @COP27P president expressed that he welcomed the decision, before praising the tireless efforts of civil society, to whom he said we owe a “debt of gratitude” for constant pressure to act on #LossAndDamage finance:

https://twitter.com/LossandDamage/status/1589210101612949504

4/16. Before the adoption of the agenda item the #COP27 president read out the following.

It is understood that:

1⃣“The outcomes of this agenda item are based on cooperation and facilitation and do not involve liability or compensation.”*

5/16. *This caveat means that language was agreed upon that protects historical polluters from claims for "compensation and liability" for the #LossAndDamage that their emissions have played the greatest role in causing.

6/16. This particular footnote drew criticism from many civil society actors who highlighted that the “Polluter Pays Principle" is enshrined in the #ParisAgreement and should be honoured in decisions relating to #LossAndDamage. See @harjeet11 of @CANIntl:

https://twitter.com/harjeet11/status/1589208789315907585

7/16. 2⃣“This agenda item includes the #GlasgowDialogue (on #LossAndDamage).” Which means that there will be space to negotiate the issues that arose under the #GlasgowDialogue on #LossAndDamage at the #BonnClimateConference in June 2022.

8/16. 3⃣ “The agenda item will launch a process with a view to adopting a conclusive decision no later than 2024.” Meaning that a decision on “funding arrangements responding to #LossAndDamage” must be made before 2024.

9/16. What is important about these conditions is the “no later than” because this means that we could and should see a decision on a facility or fund to address #LossAndDamage here at #COP27.

10/16. The timeline is another critical issue because those facing #LossAndDamage on the frontlines of the #ClimateCrisis cannot wait until 2024 for a fund or facility to address #LossAndDamage to be established. So therefore we MUST do so here at #COP27!

11/16. Although the #GlasgowDialogue will culminate in 2024 and we expect a decision to ramp up action and support on #LossAndDamage when it does, it doesn't mean we can't still establish a facility or fund to address #LossAndDamage here at #COP27 in Egypt!

12/16. With this in mind, we expect that the outcome of negotiations under THIS agenda item will be an agreement to establish a #LossAndDamage finance facility or fund and the process for setting it up, no later than 2024, as detailed here:

🔗us.boell.org/en/2022/05/31/…

13/16. Later in the plenary Parties highlighted the urgent need to address the devastating #LossAndDamage that has been happening around the world since #COP27 in 2021. Including Pakistan on behalf of the G77 and China:

https://twitter.com/LossandDamage/status/1589302936491855872

14/16. And Antigua and Barbuda on behalf of @AOSISChair who made it clear that they have come to #COP27 to establish a #LossAndDamage response fund that will be operational by 2024:

https://twitter.com/LossandDamage/status/1589312051784351745

15/16. We will know more once #LossAndDamage negotiations get underway. First up are negotiations on the #SantagoNetwork for #LossAndDamage at 3pm tomorrow.

📜See the #LossAndDamage finance agenda item under 8 / F of the #COP27 agenda here: unfccc.int/sites/default/…

16/16 For the latest updates on #LossAndDamage at #COP27 check out our:

🚨Live doc with the latest on L&D: docs.google.com/document/d/1Q9…

📸#LossAndDamage cheat sheet for journalists: docs.google.com/document/d/1aO……

🧑‍🎓And learn more about #LossAndDamage here: lossanddamagecollaboration.org/whatislossandd……