COP27 Attendance and Progress

COP27 Attendance and Progress

COP27, SHARM EL-SHEIKH, 6-18 November 2022

MILITARY EMISSIONS & SPENDING SUCCESSFULLY MOVED UP THE AGENDA

Like thousands of others at Sharm El-Sheikh we too applauded the victory of those who finally managed to get Loss and Damage across the line. After years of digging in their heels, rich countries were finally shamed into creating a fund for Loss and Damage finance, realising they could no longer kick the L&D ‘can’ down road.  But in so many other ways, Egypt’s COP was an abject failure. As one UN official said, COP is ‘at a crossroads’. As others have described it, it has become ‘a bloated travelling circus’. Attending for the first time, it was clear to see: the trade show element is unnecessary with big country pavilions, private sector stands, fossil fuel lobby presence. COP needs paring right back and replaced with a meaningful global civil society presence.

On our topic, some good news.  COP27 proved to be really productive for Tipping Point North South (TPNS), with a major side event on emissions as well as a publication launch on military spending, Climate Collateral. Our Transform Defence twitter account has comprehensive coverage of COP27-related military emissions and spending; here is Deb’s side event presentation  and all media coverage is here. The side event ended up being a major story for Guardian, Bloomberg and AFP, leading to 450 downloads of our Perspectives/TPNS June military emissions report during COP itself, bringing a total of 1240 downloads since publication. Continue reading

Media Release: Richest Nations Spending 30 Times as Much on Military as Climate Finance

Media Release: Richest Nations Spending 30 Times as Much on Military as Climate Finance

14/11/2022

As the world’s climate negotiators gather in Egypt for the 27th annual climate talks, a new report reveals that military spending is deepening the climate crisis by increasing emissions, diverting money and fuelling conflict in the most climate-vulnerable countries.

The report, Climate Collateral, produced by the international research organisation, Transnational Institute, together with Stop Wapenhandel (Netherlands) and Tipping Point North South (UK) examines the impact of rising global military spending on the climate crisis. It finds that:

  • The richest nations (known as ‘Annex 2’ countries in UN climate negotiations) are spending 30 times as much on military as on climate finance 
  • The increase in military spending has led to rises in military greenhouse gas emissions, calculated to currently make up 5.5% of total greenhouse gas emissions.
  • Rather than providing climate finance, Annex 2 countries are selling arms to 40 of the most climate-vulnerable nations fuelling conflict and instability as the climate crisis deepens

Continue reading