Current:Home > ContactDeveloping nations suffering from climate change will demand financial help -Trailblazer Capital Learning
Developing nations suffering from climate change will demand financial help
View
Date:2025-04-14 20:27:04
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! (872)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Sculpture park aims to look honestly at slavery, honoring those who endured it
- When does 'Euphoria' Season 3 come out? Sydney Sweeney says filming begins soon
- Ohio GOP congressional primaries feature double votes and numerous candidates
- A White House order claims to end 'censorship.' What does that mean?
- 6 former Mississippi law officers to be sentenced for torture of 2 Black men
- It's 2024 and I'm sick of silly TV shows about politics.
- The Best Shapewear for Women That *Actually* Works and Won’t Roll Down
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Official revenue estimates tick up slightly as Delaware lawmakers eye governor’s proposed budget
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Chinese billionaire pleads guilty to straw donor scheme in New York and Rhode Island
- Sports Illustrated will continue operations after agreement reached with new publisher
- Trump backs Kevin McCarthy protege in California special election for former speaker’s seat
- $73.5M beach replenishment project starts in January at Jersey Shore
- Power ranking all 68 teams in the 2024 NCAA Tournament bracket based on March Madness odds
- Ohio mom who left toddler alone 10 days when she went on vacation pleads guilty to aggravated murder
- Supreme Court wary of restricting government contact with social media platforms in free speech case
Recommendation
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
D.C.'s cherry blossoms just hit their earliest peak bloom in 20 years. Here's why scientists say it'll keep happening earlier.
U.S. weighing options in Africa after Niger junta orders departure from key counterterrorism base
2 Black men tortured by Mississippi officers call for toughest sentences
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Don Lemon premieres show with contentious Elon Musk X interview: Here's what happened
Has there ever been perfect March Madness bracket? NCAA tournament odds not in your favor
Full transcript of Face the Nation, March 17, 2024