Short Wave Where Do Climate Negotiations Stand At COP27?
Nov 16, 2022
Nathan Rott, NPR's correspondent at COP27, shares firsthand insights on crucial climate negotiations happening in Egypt. He highlights the pressing discussions around loss and damage payments, emphasizing the demands from developing nations for reparations from wealthier countries. Rott also addresses how the Ukraine war and U.S. midterm elections are impacting these debates, showcasing the complex interplay of global events and climate action. His observations reveal the urgent need for accountability and financial support in mitigating climate change's effects.
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Loss and Damage
- "Loss and damage" refers to the financial burden climate change places on developing nations.
- These countries seek compensation from richer nations, the primary contributors to climate change.
Pakistan Floods
- Pakistan's devastating floods in 2023, impacting 33 million people, exemplify loss and damage.
- The floods caused over $30 billion in losses, highlighting the financial strain on developing nations.
Stalemate on Loss and Damage
- The U.S. hesitates to accept liability for loss and damage, creating a stalemate at COP27.
- Developing nations see this as a crucial issue, while richer nations resist financial responsibility.