The BIC Reacts to the COP27 Final Agreement

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Position: RESEARCH TEAM
on Mon, 11/21/2022 - 15:18

The BIC notes that, with two days of delay, the final text of the COP27, the Sharm el-Sheikh Implementation Plan, was agreed by all Parties on the 20th of November 2022. Among significant outcomes, the agreement reaffirms commitments towards achieving the target +1.5°C set by the Paris Agreements in 2015. However, this key pillar of global climate action was worryingly put into question during the negotiations.