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Currently — November 21st, 2022

Currently — November 21st, 2022

November 20, 2022

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Currently’s staff reporter, Anna Abraham, was in Sharm El-Sheikh, Egypt, covering COP27 — the 2022 United Nations Climate Change Conference, all week.

Read Anna’s story about the establishment of the loss and damage fund, a historic win for countries hit hardest by climate change:

“With the United Nations COP27 climate summit running late into the weekend, many were unhopeful for a substantive outcome from the climate talks. And while numerous commitments and pledges failed to impress, a certain victory is the establishment of a loss and damage fund.

The issue of loss and damage finance, to provide aid to vulnerable countries facing irreversible climate impacts, has been the most hotly debated topic since COP26 in Glasgow. The talks didn’t seem to be making much-needed progress, with the U.S. and China blocking the issue.

Wealthy nations have worked long and hard to avoid the issue of loss and damage. John Kerry, the US climate envoy, said in previous public statements that ‘loss and damage’ is not the same as climate reparations. However, in quite a dramatic intervention, on Friday, the European Union agreed to finance a loss and damage fund putting pressure on the U.S. and China.”

Click here to read the full article!

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