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The Guardian - UK
The Guardian - UK
Environment
Bibi van der Zee

What happened on the third day of Cop27 in Egypt?

Cop27 sign.
The big discussions of the day were all around finance. Photograph: Thomas Hartwell/AP

After the leaders’ speeches of the first couple of days, most of the negotiations have now moved behind closed doors. The big discussions today were all around finance, and there does appear to have been some movement on this, as Damian Carrington reported, with positive momentum potentially starting to build on a pivotal issue as the UK said it would allow some debt payment deferrals, while Austria and New Zealand put forward funding for loss and damage.

Other developments included:

  • The family of the jailed British-Egyptian activist Alaa Abd el-Fattah demanded proof of life for the third day in a row

  • A Kulkalgal activist from the Torres Strait Islands said the way the world often treated Indigenous people was an insult and that he was at the conference “fighting for our home”

  • Bill McKibben, a US environmentalist and founder of 350.org, told an audience: “This year we’ve fully understood the link between fossil fuels and fascism. Putin could not have invaded Ukraine without the profits from oil and gas, or [cowed] the west with threats of turning off the taps.”

  • The World Bank president, David Malpass, said he was not a “climate denier”. The Donald Trump appointee previously said he did not “even know” if he accepted climate science.

  • Protesters staged rallies inside the central conference area, ignoring Egypt’s attempts to keep displays of dissent out of sight.

  • Almost half of young people in Africa say they have reconsidered having children due to the climate crisis, according to a Unicef poll.

  • China’s envoy said the US had “closed the door” to climate talks and needed to reopen it. Xie Zhenhua said Beijing and Washington were having “informal talks”. Xie also hinted that China may contribute to a “loss and damage” fund.

  • John Kerry, the US climate envoy, announced a global carbon credit trading initiative that he said would be “critical” in helping developing countries transition to cleaner forms of energy. That has received a mixed reaction from environmental groups.

And finally, the UN secretary general, António Guterres, accidentally started reading the wrong speech.

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