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COP27: Energy crisis leaves fossil fuel phase-out clubs struggling to recruit

Reuters · Reuters · last updated

An alliance committed to banning new domestic oil and gas drilling added Portugal as a member at the COP27 climate talks on Wednesday, but big fossil fuel producers stayed away as the world reels from energy turmoil caused by the Ukraine war.

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Related Knowledge Center: Climate diplomacy: COP 27

State of Play

The 27th Conference of the Parties (COP 27) produced a groundbreaking agreement to create a “loss and damage” fund to help developing nations cope with the impact of climate change.

But the conference, held from Nov. 6 to Nov. 20, 2022, in Sharm el-Sheik, Egypt, fell short of a hoped-for agreement to speed reductions of greenhouse gas emissions.

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