COP27 loss and damage fund welcomed but some fear it is an ‘empty bucket’ - Climate change diplomacy is a game of give and take — and it would appear that the environment and humanity will have to keep on giving
“COP27 has delivered a historic decision on a loss and damage fund. This decision on African soil is a first step to rectify the systemic injustice towards billions of people on the frontlines of the climate crisis. The hard work to operationalise the fund and mobilise funding starts now. We will not have patience for delay or obstruction for progress,” said Climate Action Network international’s director Tasneem Essop,a veteran activist from South Africa.
“At the beginning of these talks, loss and damage was not even on the agenda and now we are making history. It just shows that this UN process can achieve results and that the world can recognise the plight of the vulnerable. COP26 president Alok Sharma described the negotiations as a relentless fight to hold the line on the target to keep temperature rise to 1.5°C. According to climate scientists, every degree of average warming since the Industrial Revolution began pumping vast amounts of greenhouse gas into the air, matters.
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