COP27: EU rejects Egypt's proposal to cut CO2 emissions

The European Union has rejected, deeming it "unacceptable", the proposal of Egypt, host country of COP27, for an agreement at the climate summit.

This was reported by a French official explaining that the proposal is not ambitious enough to reduce carbon dioxide emissions.

“At this stage, the Egyptian presidency is questioning the steps taken in Glasgow on reducing emissions,” argues the official of the French ministry for energy transition, referring to the results of the 2021 COP26. “This is unacceptable for France and for EU countries," he added.

The European Union is ready to abandon the negotiations at Cop27 in Sharm el-Sheikh if ​​a satisfactory agreement is not found on relief for the losses and damages of global warming, because "no agreement is better than no agreement".

Commission Vice-President Frans Timmermans told reporters this morning.

The EU wants the deal on the fund to have a broad donor base and be linked to maintaining the 1.5 degree limit on global warming.