COP27: EU, US push back on climate ‘loss and damage’ reparation fund

While small island states and poor countries are pushing for the creation of a new fund to compensate for the ‘loss and damage’ caused by climate-related disasters, the US and Europe have coordinated a gentle but firm pushback.

“The scope of our conversation is not going to be focused on one single solution" such as "the establishment of a new fund or a facility at this COP,” said the European Commission’s chief advisor for international climate relations, Jacob Werksman (C). [UNFCCC]

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Frédéric Simon Euractiv.com 10-11-2022 15:43 5 min. read Content type:

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Updated: 29-09-2024

COP27: EU, US push back on climate ‘loss and damage’ reparation fund

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COP27: EU, US push back on climate ‘loss and damage’ reparation fund

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