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Damages

S2 | Ep4: What Can the UN Actually Do About Climate?

May 12, 2022
This episode of 'Damages' explores the lack of progress in achieving compensation for climate change damages caused by fossil fuels. It discusses the impacts of super typhoons and calls for assistance from rich countries. The history of rich countries reneging on their commitment to provide climate funds is explored, as well as the role of fossil fuel lobbyists in denying climate science. The podcast also delves into tactics employed at UN climate negotiations, the historical context of colonialism and fossil fuels, and the inadequate response to climate change.
26:04

Podcast summary created with Snipd AI

Quick takeaways

  • The failure to address damages adequately has led some countries to consider turning to the International Court of Justice.
  • Lobbying efforts by the fossil fuel industry have successfully obstructed climate action for over three decades.

Deep dives

Failure of UN Climate Negotiations to Address Damages and Loss

Despite nearly three decades of UN climate negotiations, the issue of damages caused by fossil fuels remains unresolved. Initial discussions around compensation and liability have been erased, and the term 'loss and damage' is now controversial. Island states like Vanuatu have been demanding payment for the damage caused by climate change, backed by evidence from the Intergovernmental Panel on Climate Change (IPCC). These countries are experiencing economic costs greater than their annual incomes due to climate-induced disasters. The creation of a loss and damage fund has seen limited progress, with much of the money being in the form of loans, exacerbating countries' existing debt burdens. The failure to address damages adequately has led some countries to consider turning to the International Court of Justice.

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