Fossil Fuel-Linked Companies Dominate Sponsorship of COP27

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From software giants to soft drinks makers, the vast majority of partners at climate talks in Egypt are enmeshed with the oil and gas industry, researchers find.

Republished from DeSmog according to their republishing guidelines.

Stella Levantesi

ByStella Levantesi

onNov 16, 2022 @ 09:05 PST

Series: COP27 COVERAGE

Eighteen of the 20 companies sponsoring U.N. climate talks in the Egyptian resort of Sharm El-Sheikh either directly support or partner with oil and gas companies, according to a new analysis shared with DeSmog. 

The findings underscore concerns over the role of the fossil fuel industry at the negotiations, known as COP27, which have become a focal point for deals to exploit African natural gas

“These findings underline the extent to which this COP has never been about the climate: It’s been about rehabilitating the gas industry and making sure that fossil fuels are on the agenda,” said Pascoe Sabido of Brussels-based Corporate Europe Observatory, which co-produced the analysis with Corporate Accountability, a nonprofit headquartered in Boston. 

“These talks are supposed to be about moving us away from fossil fuels, phasing them out,” Sabido told DeSmog. 

A previous analysis by the two organisations and research and advocacy group Global Witness identified at least 636 fossil lobbyists who have been granted access to COP27 – an increase of more than 25 percent compared to the previous COP26 talks held in Glasgow a year ago; and twice the number of delegates from a U.N. body representing indigenous peoples.  

“This is part of the bigger problem which is linked to the overall corporate capture of the U.N. climate talks,” Sabido said. “We need to kick big polluters out.” 

Social license

As documented in the latest edition of DeSmog’s Gaslit column, fossil fuel sponsorship of COP27 represents an extension of a decades-long effort by oil and gas companies to buy social legitimacy by bankrolling sports, arts, and education around the world. 

COP27 partner Hassan Allam Holding, one of the largest privately owned corporations in Egypt, has announced plans to invest  $17.1 billion to turn North Africa into a regional natural gas hub, and $830 million in oil projects over the next two years, the analysis found. 

Sponsors also include Cairo-based Afreximbank, which plans to finance new oil and gas projects through the creation of a multi-billion dollar “energy bank”, and Mashreq, the oldest private bank in the United Arab Emirates, which refinances oil and gas projects. 

Microsoft, which uses cloud-based artificial intelligence to help companies such as Chevron optimize oil and gas extraction, is a partner at COP27, along with rival Google. 

Google says it has cracked down on climate misinformation on its platforms. But the company is still taking money from oil and gas companies to place adverts in search results that present their industry as environmentally friendly, a report found.

German engineering company Siemens, another COP27 sponsor, services firms such as Cairo-based Orascom Construction, which built one of the world’s biggest gas power plants in Egypt in 2018. IBM, also a sponsor, works with pesticide and fertiliser companies to promote “carbon farming” – a carbon offsetting technique that generates carbon credits for storing carbon in soils. Many climate groups believe such practices will provide an excuse for big companies to continue polluting. 

Conflict of interest

The predominance of fossil fuel sponsorship at COP27 cuts a stark contrast with demands from countries facing an existential threat from climate change for urgent action to cut emissions.

Last week, the island states of Vanuatu and Tuvalu became the first countries to back calls to cut greenhouse gas emissions at source by developing a treaty modeled on Cold War-era nuclear arms control agreements to wind down oil, gas and coal production.

Advocates of the campaign for such a Fossil Fuel Non-Proliferation Treaty, including a growing number of cities and municipalities, also want to ban fossil fuel advertising and sponsorship. 

“We’ve got numerous countries calling for a Fossil Fuel Non-Proliferation Treaty and yet COP27 is sponsored by the same companies either directly funding them [fossil fuels], facilitating the extraction of oil and gas, or using their products,” Sabido said. 

The Boston Consulting Group, an American consulting firm and one of the main COP27 partners, works with Anglo-Dutch oil major Shell. COP27 lead partner Coca-Cola, which relies on plastic bottles derived from hydrocarbons, was named the world’s top plastic polluter for five years in a row by the Break Free From Plastic movement in its annual brand audit. The oil industry is banking on expanding production of plastics and other petrochemicals for its future growth. 

Only two out of the 20 COP27 sponsors, renewable energy provider Infinity Power and real estate developer Sodic, have no strong ties to the fossil fuel industry, the analysis  found. 

Corporate Europe Observatory and Corporate Accountability are calling for the U.N. body that organises the annual climate negotiations to adopt a conflict of interest policy that would exclude fossil fuel companies and their partners from attending or sponsoring the events. 

More than 450 organizations have already supported a campaign to Kick Big Polluters Out of COP27.

“What we need to do is end big polluter sponsorships of the talks, they shouldn’t be allowed to bankroll this process,” Sabido said. “They shouldn’t be allowed to greenwash their image through their presence at COPs.” 

Republished from DeSmog according to their republishing guidelines.

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‘Abdication of Responsibility’: Fury as COP27 Draft Omits Oil and Gas Phase-Out

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Republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

“At a COP shaped by more than 600 fossil-fuel lobbyists roaming the halls, parties fighting for progress must push back against weak language that allows the fossil fuel industry to continue its deadly expansion,” said one campaigner.

Julia Conley November 17, 2022

Climate action groups were outraged Thursday as global policymakers released a draft agreement making clear that dire warnings from energy experts and scientists regarding fossil fuel extraction have not gotten through to them, with the document failing to endorse a phase-out of oil and gas use.

The draft agreement was published as the 2022 United Nations Climate Change Conference (COP27) comes to a close in Sharm el-Sheikh, Egypt, and is expected to be heavily revised in the coming days.

“As climate impacts and injustice accelerate, lives, livelihoods, cultures, and even whole countries are lost, the latest draft cover note from the COP27 presidency pushes the pedal to the metal on the highway to climate hell.”

The absence of crucial language regarding oil and gas left campaigners concerned that the conference, where hundreds of fossil fuel lobbyists were present, will ultimately fail to produce an agreement that treats the climate crisis with the urgency needed.

“We came to Sharm el-Sheikh to demand real action on meeting and exceeding climate finance and adaptation commitments, a phase-out of all fossil fuels and for rich countries to pay for the loss and damage done to the most vulnerable communities within developing countries by agreeing a Loss and Damage Finance Fund,” said Yeb Saño, Greenpeace International’s head of delegation at the summit. “None of that is on offer in this draft. Climate justice will not be served if this sets the bar for a COP27 outcome.”

The draft agreement “encourages the continued efforts to accelerate measures towards the phase-down of unabated coal power and phase out and rationalize inefficient fossil fuel subsidies.”

It also echoes the call in last year’s document out of COP26 to emphasize “the importance of exerting all efforts at all levels to achieve the Paris agreement temperature goal of holding the increase in the global average temperature to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre-industrial levels.”

But the omission of a phase-out of all fossil fuel extraction, which delegates from India have lobbied for at COP27 and which the U.S., U.K., and European Union expressed conditional support for in recent days, denotes a draft document that “ignores the science of 1.5°C” even as it pledges to limit the temperature increase, said Tzeporah Berman, chair of the Fossil Fuel Non-Proliferation Treaty Initiative.

https://twitter.com/Tzeporah/status/1593133296032321536?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1593133296032321536%7Ctwgr%5E0d500ce1290cab834608ce2c4bc4f201018236b2%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.commondreams.org%2Fnews%2F2022%2F11%2F17%2Fabdication-responsibility-fury-cop27-draft-omits-oil-and-gas-phase-out

“Acknowledging only the need to phase down coal while ignoring oil and gas is hugely problematic. This predatory delay is out of line with the science and with 1.5 degrees,” Collin Rees, campaign manager at Oil Change International, told Bloomberg. “At a COP shaped by more than 600 fossil-fuel lobbyists roaming the halls, parties fighting for progress must push back against weak language that allows the fossil fuel industry to continue its deadly expansion.”

The draft is the first agreement out of an annual U.N. climate conference to address “loss and damage”—the harms already suffered by countries in the Global South due to the climate crisis and the need for wealthy governments to help finance their recovery.

The document does not provide details about how a loss and damage fund would operate, saying only that it “welcomes” the inclusion of the issue in the final agreement.

“More than 40 million people in the Horn of Africa are currently experiencing climate-induced hunger crisis,” said Nafkote Dabi, climate change policy lead for Oxfam, on Wednesday. “Pakistan is faced with $30 billion worth of loss and damage from the recent mass floods that left a third of the country under water. It is crucial that developing countries can access a formal fund to pay for the damages and losses they are already suffering today.”

Rich countries must meet their $100 billion annual goal for climate finance in addition to establishing a new Loss and Damage fund that is fit for purpose, accessible and gender responsive,” Dabi added. “Rich countries must heed the urgent call and deliver a loss and damage fund at COP27.”

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The document includes some areas of improvement over the agreement written at COP26 last year, such as a call for multilateral development banks to scale up climate finance “without exacerbating debt burdens” for countries in the Global South, but leaves out details on how wealthy countries must strengthen their emissions-slashing targets.

“There should be a clear road map by those who are emitting a lot to start reducing their emissions,” Collins Nzovu, Zambia’s environment minister, told Bloomberg. “We are headed completely in the wrong direction—driving very, very fast into a ditch.”

Saño condemned the draft as “an abdication of responsibility to capture the urgency expressed by many countries to see all oil and gas added to coal for at least a phase-down.”

“As climate impacts and injustice accelerate, lives, livelihoods, cultures, and even whole countries are lost,” he added, “the latest draft cover note from the COP27 presidency pushes the pedal to the metal on the highway to climate hell.”

Republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

Continue Reading‘Abdication of Responsibility’: Fury as COP27 Draft Omits Oil and Gas Phase-Out

‘Not Yet Defeated’: 1,000+ March for Climate Justice at COP27

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Republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

People participate in the Global Day of Action Climate Justice March at COP27 on November 12, 2022 in Sharm El-Sheikh, Egypt. (Photo: Gertie Goddard/Greenhouse Communications via Twitter)

“COP27 needs to be a turning point for the climate crisis,” said one activist.

KENNY STANCILNovember 12, 2022

Hundreds of people rallied Saturday at the United Nations COP27 summit in Egypt to demand the fundamental political-economic transformations required to achieve climate justice.

“There can be no climate justice without human rights,” declared the COP27 Coalition, an alliance of progressive advocacy groups that planned the protest as part of its push for “an urgent response from governments to the multiple, systemic crises” facing people around the world. “We are not yet defeated!”

“We march today as part of the global day of action,” Janet Kachinga, spokesperson for the COP27 Coalition, said in a statement. “Solidarity is the cornerstone of climate justice.”

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“We are marching inside the U.N. space to highlight that our movements are unable to march freely on the streets of Egypt,” said Kachinga.

Ahead of COP27, human rights groups denounced Egypt’s repression of dissidents, including hunger-striking political prisoner Alaa Abd El Fattah. Since the conference began last week in the resort city of Sharm El-Sheikh, Egyptian officials have been accused of spying on and otherwise intimidating participants.

“We refuse to greenwash the Egyptian government’s denial of the right to freedom of association, assembly, and speech by marching in a government-controlled march in the streets of Sharm El-Sheikh,” Kachinga continued.

Instead, from inside a designated Blue Zone governed by U.N. rules, activists sought “to lift up the voices and demands of all our frontline communities and movements facing repression because they dream of a better world,” said Kachinga.

https://twitter.com/EarthRightsIntl/status/1591385029166628865?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1591385029166628865%7Ctwgr%5Ee407071973c19dd5d7c81054882853c69c37bfee%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.commondreams.org%2Fnews%2F2022%2F11%2F12%2Fnot-yet-defeated-1000-march-climate-justice-cop27

“We are at a crossroads of overlapping crises and governments are not on track to stop the worst of the climate crisis,” said Kachinga. “COP27 needs to be a turning point for the climate crisis, and not a moment to silence people.”

The U.N. recently published a series of reports warning that as a result of woefully inadequate emissions reductions targets and policies, there is “no credible path to 1.5°C in place,” and only “urgent system-wide transformation” can prevent temperatures from rising a cataclysmic 3°C by century’s end.

“Solidarity is the cornerstone of climate justice.”

According to the latest data, atmospheric concentrations of carbon dioxide, methane, and nitrous oxide—the three main heat-trapping gases fueling global warming—hit an all-time high in 2021, and greenhouse gas emissions have only continued to climb this year.

Despite overwhelming evidence that new fossil fuel projects will lead to deadly climate chaos, oil and gas corporations are still planning to expand dirty energy production in the coming years, including in Africa.

“The call for greater oil and gas production is completely out of step with climate science,” Jeni Miller, executive director of the Global Climate and Health Alliance, said Friday in a statement. “Presented as a necessity for development, new investments in fossil fuel infrastructure would instead simply lock a new generation into these dirty fuels, at a time when clean energy is viable and ready to be scaled.”

“The rightful need of people in low- and middle-income countries for access to energy—for clean cooking, for healthcare, for education, for jobs, and many other key determinants of health—must not bring with it the health costs associated with fossil fuels,” Miller added. “It is vital that high-income countries provide financial support for the transition in low- and middle-income countries.”

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Among the key demands of the COP27 Coalition is that the rich nations most responsible for causing the climate crisis “fulfill their obligations and fair shares by reducing their emissions to zero and providing poorer nations the scale of financial support needed to address the crisis.”

The coalition argues that “repayment should include adaptation, loss and damage, technology transfer, and factor in debt cancellation for vulnerable countries [that] have been impoverished while dealing with the impacts of the climate crisis.”

A recent U.N.-backed report estimates that poor nations will need a combined total of $2.4 trillion per year by 2030 to fight the climate emergency—including funding for mitigation, adaptation, and loss and damage.

“Unless more urgency is shown, marches will only be the start.”

A separate analysis from Carbon Brief reveals the extent of wealthy countries’ failures to mobilize far smaller sums of money to support sustainable development and enable equitable responses to escalating extreme weather disasters.

Since the COP15 meeting in 2009, developing countries have been promised that rich nations would provide at least $100 billion in climate aid each year by 2020. However, just over $83 billion was delivered in 2020, the most recent year for which data is available. The Global North is not expected to hit its annual target, widely regarded as insufficient, until 2023.

The U.S. is most responsible for the shortfall, providing less than $8 billion toward the $100 billion figure in 2020. That constitutes a mere 19% of the country’s approximately $40 billion “fair share,” or what it should be paying based on its cumulative contribution to global greenhouse gas pollution.

U.S. President Joe Biden has vowed to allocate $11.4 billion per year toward international green finance by 2024—less than 2% of the annual Pentagon budget and still far less than Washington’s fair share—but congressional lawmakers approved just $1 billion in a $1.5 trillion spending bill passed earlier this year.

When it comes to the U.N.-backed loss and damage fund, just a handful of high-polluting countries have pledged a combined total of around $250 million so far, a tiny fraction of the $31.8 trillion that the world’s 20 wealthiest economies collectively owe the Global South, according to the Climate Clock, a recently unveiled display at COP27.

“The science of climate breakdown has never been clearer, and seeing the suffering of my fellow Africans facing drought and famine, the impacts have never been more painful,” said Mohamed Adow, a representative of the COP27 Coalition.

“It’s no wonder that people are rising up across the world to make their voices heard that they will not stand for inaction from their leaders,” Adow continued. “Unless more urgency is shown, marches will only be the start.”

“Today we rise as a people, despite the restrictions, to demand our collective rights to a livable future,” said environmental justice champion Nnimmo Bassey. “We demand payment of the climate debt accumulated by centuries of dispossession, oppression, and destruction.”

“We need a COP led by the people and not polluters,” Bassey continued, alluding to the massive presence of fossil fuel lobbyists at the meeting. “One that rejects ecocidal, neocolonial false solutions that will widen the emissions gap, burn Africa and sink small island states, and further entrench environmental racism and climate injustice!”

Republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

Continue Reading‘Not Yet Defeated’: 1,000+ March for Climate Justice at COP27