As COP27 gets underway, several European leaders have announced funds to help poorer countries recover from the loss and damage caused by climate change. Unfortunately, the United States, one of the biggest contributors to climate change, has not followed suit.
Source: down to earth/YouTube
The efforts of Western nations began as the leaders of developing countries continued to demand financial compensation. Last year Scotland was the only country to commit $2.2 million for loss and damage, and I hope this year others will agree. The issue has been placed on the formal agenda for this year.
While the world’s wealthiest countries, such as the United States and the European Union, account for the bulk of greenhouse gas emissions that contribute to climate change, they are often the countries that suffer the least damage. . Vulnerable and disadvantaged countries generally suffer the most from climatic events.
A recent report found that South Asian economies are 10 times more exposed to threats from global warming over the next few decades than the rest of the world. Heat waves are not new in India and neighboring countries, but they are getting worse and worse due to climate change.
“We need to build the fund for loss and damage that we have been talking about for years,” Venezuelan President Nicolás Maduro said.
Tuvalu Prime Minister Kausea Natano has also called for a secured facility for loss and damage. Pakistan’s Prime Minister Shehbaz Sharif has spoken of continued recovery efforts following the summer of heartbreaking floods in the country.
“All of this happened despite our very low carbon footprint,” Sharif said. “Loss and damage must be part of the central agenda of COP27.”
Many countries commented and pointed out that their countries could not bear the cost of adapting to climate change. They talked about the impossibility of trying to recover from one climate catastrophe while preparing for the next. Fortunately, by the end of the third day, many European countries had pledged money for a new loss and damage fund.
Ursula von der Leyen, President of the European Commission, supported the idea of new funds for poor countries affected by climate change. Irish Prime Minister Micheál Martin also pledged $10 million “to protect the most vulnerable from climate loss and damage”.
Austria has also agreed to donate around $50 million to developing countries. Belgium joined in and pledged $2.5 million in loss and damage funding to Mozambique. Denmark has also previously said it will spend at least $13 million on loss and damage in developing countries. Germany has pledged $170 million for a new program that offers nations a form of insurance in the event of a climate emergency.
John Kerry, President Biden’s climate envoy, has agreed to discuss the idea of a loss and damage fund, but the United States has yet to agree to anything.
Countries like the United States are responsible for climate change, and they have a responsibility to step in and help those small countries that are feeling the worst of these extreme weather conditions! Although we may not see the global impacts of climate change every day, it is truly a global problem. We must fight climate change and remember that our actions can impact people around the world who could pay a much higher price than we realize.
Sign this petition to ask wealthy countries like the United States to reduce their emissions and compensate Pakistan for its flood-related losses!
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