© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Cop27: EU agrees to loss and damage fund to help poor countries recover from climate disasters

Change in stance puts spotlight on US and China, which have both objected to fund

A breakthrough looked possible in the deadlocked global climate talks on Friday as the European Union made a dramatic intervention to agree to key developing world demands on financial help for poor countries.

In the early hours of Friday at the Cop27 UN climate summit in Egypt, the European Commission vice-president Frans Timmermans launched a proposal on behalf of the EU that would see it agree to establishing a loss and damage fund.

Continue reading…

Related posts

Black Friday: largest boycott planned by independent retailers

AEA3

Labour’s David Lammy apologises for nominating Jeremy Corbyn to be leader

AEA3

Jacob Rees-Mogg backs Liz Truss’s claim UK workers need ‘more graft’

AEA3

Pin It on Pinterest

Share This