Current:Home > ContactDeveloping nations suffering from climate change will demand financial help -Quantum Capital Pro
Developing nations suffering from climate change will demand financial help
View
Date:2025-04-14 06:50:04
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! (72)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Matthew McConaughey Shares Rare Photo of Son Livingston in 11th Birthday Tribute
- Huge surf pounds beaches on West Coast and in Hawaii with some low-lying coastal areas flooding
- Social media apps made $11 billion from children and teens in 2022
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Jessica Chastain Puts Those Evelyn Hugo Rumors to Rest Once and for All
- Lulus’ End of the Year Sale Shines with $17 Dresses, $15 Bodysuits, $11 Tops & More
- An associate of Russian opposition leader Navalny is sentenced to 9 years in prison
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Dancing With the Stars’ Britt Stewart and Daniel Durant Are Engaged: See Her Ring
Ranking
- What to watch: O Jolie night
- GOP lawmakers ask Wisconsin Supreme Court to reconsider redistricting ruling, schedule for new maps
- Pistons blow 21-point lead, fall to Celtics in OT as losing streak matches NBA overall record at 28
- Texas police release new footage in murder investigation of pregnant woman, boyfriend
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- West Virginia's Neal Brown gets traditional mayonnaise shower after Mayo Bowl win
- ESPN Anchor Laura Rutledge Offers Update After 7-Month-Old Son Jack Was Airlifted to Hospital
- How to split screen in Mac: Multitask and amp productivity with this easy hack.
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
Old Navy’s Activewear Sale Is Going Strong & I’m Stocking Up on These Finds For a Fit New Year
AP Week in Pictures: Europe and Africa
A rebel group in the Indian state of Assam signs a peace accord with the government
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
A number away from $137 million, Michigan man instead wins $1 million in Mega Millions game
San Antonio police release video of persons of interest in killing of pregnant Texas teen Savanah Soto and boyfriend Matthew Guerra
US military space plane blasts off on another secretive mission expected to last years