Current:Home > NewsDeveloping nations suffering from climate change will demand financial help -GrowthInsight
Developing nations suffering from climate change will demand financial help
View
Date:2025-04-18 18:03:23
NAIROBI, Kenya — The chairperson of an influential negotiating bloc in the upcoming United Nations climate summit in Egypt has called for compensation for poorer countries suffering from climate change to be high up on the agenda.
Madeleine Diouf Sarr, who chairs the Least Developed Countries group, told The Associated Press that the November conference — known as COP27 — should "capture the voice and needs of the most climate-vulnerable nations and deliver climate justice."
Sarr said the group would like to see "an agreement to establish a dedicated financial facility" that pays nations that are already facing the effects of climate change at the summit.
The LDC group, comprised of 46 nations that make up just a small fraction of global emissions, negotiates as a bloc at the U.N. summit to champion the interests of developing countries. Issues such as who pays for poorer nations to transition to cleaner energy, making sure no communities get left behind in an energy transition and boosting how well vulnerable people can adapt to climate change have long been on the bloc's agenda.
Developing nations still face serious challenges accessing clean energy finance, with Africa attracting just 2% of the total clean energy investment in the last 20 years, according to the International Renewable Energy Agency. The U.N. weather agency recently estimated that global clean energy supplies must double by 2030 for the world to limit global warming within the set targets.
Sarr added that the bloc will push for funds to help developing countries adapt to droughts, floods and other climate-related events as well as urging developed nations to speed up their plans to reduce emissions. The group is particularly vulnerable to climate change because of their lack of ability to adapt to extremes, the U.N. weather agency said.
"We have delayed climate action for too long," Sarr said, pointing to the promised $100 billion a year in climate aid for poorer countries that was pledged over a decade ago.
"We can no longer afford to have a COP that is 'all talk.' The climate crisis has pushed our adaptation limits, resulted in inevitable loss and damage, and delayed our much-needed development," added Sarr.
The COP27 President also said this year's summit should be about implementing plans and pledges that countries have agreed to at previous conferences.
Sarr defended the U.N. conference as "one of the few spaces where our nations come together to hold countries accountable for historical responsibility" and pointed to the success of the 2015 conference in Paris in setting the goal of limiting warming to 1.5 degrees C (2.7 F).
veryGood! (7934)
Related
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Biden marks Brown v. Board of Education anniversary amid signs of erosion in Black voter support
- Father and daughter killed in deadly Ohio house explosion, police say
- The Reason NFL Took Taylor Swift's Eras Tour Into Account When Planning New Football Schedule
- $73.5M beach replenishment project starts in January at Jersey Shore
- Elle King Gives Full Story Behind Drunken Dolly Parton Tribute and Sobbing in Dressing Room After
- Harris accepts CBS News' vice presidential debate invitation
- Atlanta officer charged with killing his Lyft driver
- Tom Holland's New Venture Revealed
- Juanita 'Lightnin' Epton, NASCAR and Daytona fixture for over six decades, dies at 103
Ranking
- Olympic men's basketball bracket: Results of the 5x5 tournament
- Maverick Kentucky congressman has avoided fallout at home after antagonizing GOP leaders
- Donor and consultant convicted again of trying to bribe North Carolina’s insurance commissioner
- PGA Championship begins with sunshine and soft turf at Valhalla in Kentucky
- Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”
- Haiti’s crisis rises to the forefront of elections in neighboring Dominican Republic
- Google wants judge, not jury, decide upcoming antitrust case in Virginia
- Walmart chia seeds sold nationwide recalled due to salmonella
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
WNBA says all teams will charter by Tuesday, but rollout has been clunky
Kosovo makes last-minute push to get its membership in Council of Europe approved in a Friday vote
Rock band Cage the Elephant emerge from loss and hospitalization with new album ‘Neon Pill’
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
South Africa urges UN’s top court to order cease-fire in Gaza to shield citizens in Rafah
Bones found in 1989 in a Wisconsin chimney identified as man who last contacted relatives in 1970
This woman has ALS. So did 22 of her relatives. What she wants you to know.