Fossil fuel companies undermining Paris agreement negotiations – report - News Summed Up

Fossil fuel companies undermining Paris agreement negotiations – report


Global negotiations seeking to implement the Paris agreement have been captured by corporate interests and are being undermined by powerful forces that benefit from exacerbating climate change, according to a report released ahead of the second meeting of parties to the Paris agreement – COP23 – next week. The report, co-authored by Corporate Accountability, uncovers a litany of ways in which fossil fuel companies have gained high-level access to negotiations and manipulated outcomes. Sponsorship of the COP21 meeting in Paris gave fossil fuel companies access to the “communications and networking area” inside the rooms where the negotiations were taking place. The report argues that if the UNFCCC process results in a rulebook being developed in line with what the world’s biggest polluters want, then the Paris agreement is doomed to failure. “What you’re doing is cherry-picking out of the Paris agreement the things that they want, and leaving behind the things that the global south [developing] countries need.


Source: The Guardian November 01, 2017 07:07 UTC



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