Late on Thursday night in the Egyptian resort of Sharm el-Sheikh, the Cop27 UN climate talks seemed stuck in an irretrievable logjam. Rich and poor countries had reached deadlock, a “breakdown between north and south”, according to the UN secretary general, António Guterres.
By Friday morning, the talks had been upended and the battleground dramatically redrawn, in a way it has not been in 30 years of these annual talks. At stake is the question of whether some of the world’s leading economies – countries such as China, Saudi Arabia and other Gulf petrostates, Russia and countries with high per capita income such as South Korea and Singapore – should start contributing for the first time to help the poorest and most vulnerable countries with the impacts of climate disaster.
