Historic Compensation Fund Approved at UN Climate
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Posted On: 11/21/2022 8:44:17 AM
Historic Compensation Fund Approved at UN Climate Talks
Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts.
After the decision on the fund was approved, talks were put on hold for 30 minutes so delegates could read texts of other measures they were to vote on.
The decision establishes a fund for what negotiators call loss and damage. It is a big win for poorer nations which have long called for cash — sometimes viewed as reparations — because they are often the victims of climate worsened floods, droughts, heat waves, famines and storms despite having contributed little to the pollution that heats up the globe.
https://www.voanews.com/a/historic-compensati...42231.html
I wonder how the other countries will pay when the can't even pay for the War in Ukraine > > Hmm
> > > Fetterman for President 2024
Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts.
After the decision on the fund was approved, talks were put on hold for 30 minutes so delegates could read texts of other measures they were to vote on.
The decision establishes a fund for what negotiators call loss and damage. It is a big win for poorer nations which have long called for cash — sometimes viewed as reparations — because they are often the victims of climate worsened floods, droughts, heat waves, famines and storms despite having contributed little to the pollution that heats up the globe.
https://www.voanews.com/a/historic-compensati...42231.html
I wonder how the other countries will pay when the can't even pay for the War in Ukraine > > Hmm
> > > Fetterman for President 2024
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