EX-COP26 PRESIDENT HOPES FOR ‘NEW CYCLE’
▶ Cop28 in UAE would put spotlight on Middle East, says Claire O’Neill
Global negotiations on the Cop climate targets are shifting focus to the challenges likely to drive the next set of talks due to be hosted by Egypt at Cop27 – and potentially the UAE at Cop28 – according to Claire O’Neill, the former British president of the 26th meeting.
The former Conservative politician predicted that a new emphasis could draw in formal declarations from sectors beyond governments and states, in particular from businesses, as part of the overall UN climate talks process, which this month brought the Cop26 negotiations to Glasgow.
Representing a global business coalition at the summit, Ms O’Neill told The National that the gathering of parties for one – and perhaps two – conferences in the Middle East region between now and 2023 represented a great opportunity.
“It [would be] very interesting that the Cop ... go to Egypt and then to the UAE,” Ms O’Neill, the first UK nomination for president of Cop26, said.
“The point about this is that it is a global moment where we all get to focus on climate change and I think the next couple of years will be crucial. We want governments to be more ambitious to get the whole team on the pitch – governments, investors and the corporate sector.”
Issues facing the Middle East would be more sharply defined if successive Cop presidencies were from countries facing some of the most serious climate change strains, while also investing in new technologies to help limit temperature increases to less than 1.5°C above pre-industrial levels.
The UAE bid to lead the negotiations as host of the summit at the Cop28 round took a significant step forward this week when the Asia-Pacific group of countries unanimously endorsed the offer.
The UN will confirm the Cop28 host at the end of the current summit.
Companies in the Middle East with a commitment to sustainable growth want to see the movement of Cop leadership roles into the region as a chance to put the issues they face centre stage, said Ms O’Neill, managing director of climate and energy for the World Business Council for Sustainable Development.
“The challenges in the region, of temperature stress, of water stress, of fossil-fuel-based economies are balanced by massive investments in renewable industries,” she said from the business pavilion of Cop26.
“We sometimes don’t hear enough about what those challenges look like.
“I think the next Cop cycle will be a new chance to amplify those for the world’s most sustainable businesses who are committed to net zero by 2050, nature positive and committed to reducing inequality and total transparency in reporting.”
The council this week proposed its own framework for helping to achieve net-zero targets, not only for its members but as part of the UN’s Cop structure.
This is built on the concept of countries providing Nationally Determined Contribution documents that set out targets in line with the 2015 Paris Agreement.
The Paris treaty calls for a limit on the overall rise in temperatures as a result of global warming to less than 2°C above pre-industrial levels.
The WBCSD said at the Glasgow meeting that its more than 200 big business members would submit annual Corporate Determined Contributions to provide a private-sector mechanism to mirror the official process.
“I want to see Corporate Determined Contributions,” Ms O’Neill said. “I want to see corporates and investors in there in the negotiations themselves.
“I want to see a focus on how this is done and beyond the theoretical pathways to net zero.”
The grouping’s wider Business Manifesto for Climate Recovery is a 12-point action plan to reduce, remove and report greenhouse gas emissions.
“The majority of the economy activity is in the private sector and we have thought that by not having businesses at the table we are missing a trick,” Ms O’Neill said.
“Increasingly, what we are not capturing is that ambition of the private sector on emissions.”