Master plan in five sectors to reduce carbon emissions to deal with climate change consequences
The UN Framework Convention on Climate Change – UNFCCC 2007’s Bali Action Plan led to the signing of the Paris Agreement in 2015, but it did not fulfill the aspirations of the world. The agreement protects the interests of high emitting developed and developing countries.
It ignores many of the principles adopted in the past in the United Nations Convention on Climate Change. Still, thousands of citizens from all over the world join the COP every year with high hopes.
They think it is possible to achieve something despite exempting high emitters, measuring emitters and victims on the same scale, and making legal obligations to reduce emissions optional.
It is possible to take many good initiatives in different sectors of the countries. It is also possible to develop sector wise trade interests.
Many things happen at the COP, which is not part of the official decision but are considered side event achievements. Sometimes a multi-party initiative is part of a COP decision.
On Day 5,COP27: Decarbonization Day , a master plan to reduce carbon emissions in five major sectors has been adopted following past commitments by world leaders.
The countries and companies involved in the master plan and the United Nations have called it a breakthrough agenda.
Under this initiative, countries representing half of the global production have agreed to cooperate to make clean technology affordable and accessible everywhere through a 12-month action plan.
They are presenting it as a priority effort. Through this initiative, these countries inaugurated the implementation of 25 cooperative programs before the next COP to accelerate the reduction of emissions in electricity, road transport, steel, hydrogen, and agriculture.
The initiative is a gesture to the private sector, initiated in active collaboration with last year’s Glasgow’s COP (COP26), this year’s Sharm Al-Sheikh, COP 27, and next year’s COP Presidency in the United Arab Emirates.
Emission-producing private sector industries are the most conservative barrier to tackling climate change.
The announced program targets sectors accounting for 50 percent of total global greenhouse gas emissions. Reducing electricity and fuel consumption and ensuring food security are also said to be part of this plan. Next year, building construction and the cement sector will also be part of this initiative.
Morocco, Egypt, India, European Commission, G7, and other countries have become partners in this master plan with the support of various international institutions and initiatives.
Like every COP, civil society representatives from Bangladesh, South Asia, and Europe expressed their reactions to the first week of talks through a press conference.
They expressed dissatisfaction with the pace of negotiations and demanded an immediate commitment to higher emissions reductions in a nationally defined emission reduction plan.