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Historic Deal on Loss & Damage Reached At Cop27 Summit

Webster

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(The Guardian) US "100% ready" to discuss loss an damage - Kerry
John Kerry said the US was “totally supportive” of moves to address loss and damage, one of the most contentious issues at these talks, and “100% ready” to discuss the issue in detail. “We have engaged with our friends to work through the proposals,” he told a press conference at Cop27 on Saturday. “We want to engage.”

He said that Joe Biden, who visited the talks briefly on Friday, was also supportive. “We are 100% ready, [the president] has said, to discuss the issue of loss and damage. That’s why it’s on the agenda. We want to come to closure.”

Loss and damage refers to the impacts of extreme weather so severe that countries cannot adapt to them, and the negotiations revolve around how to provide financial assistance for developing countries afflicted by extreme weather, which can destroy their infrastructure and tear apart their social fabric.

Discussions of loss and damage as “compensation” to developing countries from the rich, or “liability” on the part of developed countries, as some activists have sought to frame the issue, are specifically excluded from the negotiations, and have been since the 2015 Paris agreement. Asked by the Guardian when the US would start paying into a finance facility for loss and damage, and whether China should also pay into such a facility, Kerry said: “It’s not fully defined, what is a facility. There are all kinds of different views on what it could be. No one can sign up to something on it, not yet … We are not at the [financial] facility discussions yet.”

He added: “But we want to engage on something very real.” On the issue of whether China, whose emissions are far larger than any other developing country, should pay for loss and damage in the poorest nations, he did not name China but referred to such countries indirectly. “There are a whole bunch of countries that have also contributed to where we are, so how do we manage that?”

He went on: “What we want to make sure is that we come up with something that satisfies people who are serious, and that we will come out with an agreement [in which] we are confident what the financial arrangements should be.”

He pledged: “We will find a way to have financial arrangements that reflect the reality of how we are all going to deal with the climate crisis. That’s what this is all about.”

Kerry also sought to reassure those concerned that countries were backsliding this year from commitments made at Cop26 in Glasgow to limit global heating to 1.5C above pre-industrial levels. “[Sameh] Shoukry [the Egyptian foreign minister who is president of the talks] does not intend to be the country that hosts a retreat from what was achieved in Glasgow,” he said. “Most countries here have no intention of going backwards.”

But he said countries that had not set out plans to cut greenhouse gas emissions by 2030 in line with the 1.5C temperature limit agreed in Glasgow. He did not name the countries he meant.

On the question of US relations with China, he said there had been informal discussions between the countries at Cop27, but no formal meetings. Joe Biden is expected to meet the Chinese president, Xi Jinping, next week when the G20 meet in Bali from Tuesday. Kerry added: “[We are] waiting to see how things go at the G20.”
 
Let me get this straight, China is building coal fired electric generating stations as fast as they can get the concrete for the foundation dry.

So the Democrat special talking head for climate change wants the US Taxpayer to pay whoever is crying the loudest for it.



China is Currently Building Over Half of The World’s New Coal-based Power Plants.​

In 2021, China began building 33 gigawatts of coal-based power generation, according to the Helsinki-based Center for Research on Energy and Clean Air (CREA). That is the most new coal-fired power capacity China has undertaken since 2016 and, says CREA, three times more than the rest of the world combined.
June 28, 2022
 
Let me get this straight, China is building coal fired electric generating stations as fast as they can get the concrete for the foundation dry.

So the Democrat special talking head for climate change wants the US Taxpayer to pay whoever is crying the loudest for it.
Oh, so until China changes course, we should do nothing then.....

That's nice; I thought we Americans were "lead by example" folks, Doc; glad to know I was wrong on that... :roll: :roll:
 
Oh, so until China changes course, we should do nothing then.....

That's nice; I thought we Americans were "lead by example" folks, Doc; glad to know I was wrong on that... :roll: :roll:


We did "Lead by Example", and look what it got us.

Brownouts and gas lines, and now, more and higher taxes.

Thanks.
 
Brownouts and gas lines, and now, more and higher taxes.

Thanks.
Given how some states run themselves (Illinois comes to mind here, Doc) how do you know that wouldn't've happened otherwise?
 
It probably would have. But at least then it was self inflicted instead of sending extra money overseas.
And yet states like Illinois help fund the lifestyles of people in states like Alabama (the takers sucking up money from the makers....sad.)
 
Where, in Chicago or Downstate Illinois?

Mostly Chicago and that hellhole known to the rest of the world as East St Louis that the Illinois politicians call "metro east", and then a good number of them spread out through public housing projects all over the state when they closed Chicago housing nightmares like Cabrini Green.
 
(The Guardian) Funding for the countries that are on the frontlines of the climate crisis was supposed to have been one of the big themes of this year’s summit.

But the Alliance of Small Island States (AOSIS) and other developing countries have said they are gravely concerned by the lack of progress on funding for loss and damage.

The chair of AOSIS, Sir Molwyn Joseph, who is Antigua and Barbuda’s environment minister, has accused some developed countries of attempting to stall progress “and even worse, attempting to undermine small island states”. He said: We have come too far to fail on loss and damage finance. Three-quarters of humanity is relying on a favourable outcome at COP27.

AOSIS and our fellow developing countries have toiled for the past thirty years to be heard on this issue. AOSIS has worked tirelessly this year to build consensus, devise a clear loss and damage response fund proposal, and ensure the commitment of the international community to come to Cop27 and negotiate on this issue in good faith.

Now, we are here, and some developed countries are furiously trying to stall progress and even worse, attempting to undermine small island developing states. So, not only are they causing the worst impacts of the climate crisis, they are playing games with us in this multilateral process.

If other countries continue to cast aside small islands to serve the interests of the fossil fuel industry, they cannot expect our people to swim in a stagnant pool. The tide has turned on loss and damage. Why do you continue to turn a deaf ear to the cries of our people? Why do you continue to call into question the very credibility of this process?
 
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(The Guardian) Developing countries demand an agreement on loss and damage fund
Developing countries are demanding an agreement is reached in Egypt to set up a funding mechanism to pay them for loss and damage.

Sherry Rehman, Pakistan’s climate change minister and representing the G77, said negotiations were at a “pivotal moment”. Rehman said common ground must be found and a political decision taken this week. “We are saying give us a political message that we are all willing to take this forward as a community of nations,” she said.

But she said a walkout by countries most vulnerable to climate change impacts was premature. “We’re now in the weeds of negotiations. I don’t walk out of negotiations. I try to work around them.”

Referring to the floods that submerged a third of Pakistan’s habitable land this year, affecting 33 million people, Rehman said: “What went on in Pakistan will not stay in Pakistan. That dystopia that came to our doorstep will come to everyone. We are very clear that we see this as a climate justice issue and if it continues to be kicked down the road we will see it as a justice denied issue ... Vulnerability should not become a death sentence, and that’s what a lot of people are facing.”

Molwyn Joseph, the minister of environment for Antigua and Barbuda and chair of the Alliance of Small Island States, said political will to move forward on loss and damage “must be demonstrated by tangible evidence”. He wants a decision to establish a funding mechanism as a first step in Sharm el-Sheikh, with decisions on how it would be funded to come later. “I do not understand the reluctance, frankly. We have the opportunity at this Cop to plant the first seed of restoration for countries that are devastated, and that is to establish the fund. And then we can identify the financial flows into the fund.”

Asked if any particular countries were frustrating the process, he declined to name names. “I think there is a kind of inertia that has existed for too long.”
 
Apparently we're not the only ones' who want loss & damage rules enforced...

(The Guardian) China, Saudi Arabia and Qatar should contribute to loss and damage - Canada
(Guardian correspondent) grabbed a word with Canada’s environment minister, Steven Guilbeault, at its Cop27 pavilion this morning. He said Canada was supportive of the EU’s proposal on loss and damage, but countries such as China, Saudi Arabia and Qatar should contribute to the fund given their historical emissions and wealth.

He told the Guardian: “We are not opposed to the idea of creating a new fund. There’s already a lot of funding out there … The G77 seems to really, really want a new fund. I think what the EU proposal does is to say: ‘if we were to create a new fund, we are going to need certain conditions: we need to see real ambition on mitigation in the text’. We agree with that and we are not seeing that right now.

“We need to have a serious conversation about expanding the donor base. We recognise our responsibility but we are less and less large emitters compared to others. It’s in the interest of vulnerable countries to have more donors … China should definitely be there. I think there are a number of oil-producing nations in the Gulf region that should be part of that. I haven’t looked at the UAE’s figures but Qatar and Saudi Arabia, yes,” he said.
 
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(BBC News) Historic deal struck to pay poorer nations damaged by climate change
An historic "loss and damage" deal has been struck at the COP27 summit to pay poorer nations for damage caused by climate change.
Georgina Rannard BBC News, Reporting from COP27: It's the middle of the night here in Sharm el-Sheikh - everyone is exhausted, most of all the negotiators. But as COP27 President Sameh Shoukry, host of the summit, put down the gavel to this historic deal for poor nations, there was applause in the room.

Veteran observers told us it was met with more fanfare than he has usually seen in a COP climate summit.
 
(BBC News) What does 'loss and damages' mean?
This deal is all about "loss and damages" - but what does that actually mean?

The term refers to the need for a fund to help countries deal with the immediate impacts of climate change - the loss and damages. Rich countries have - until now - resisted the discussion over financing for 30 years fearing that since they historically played a major role in causing climate change, they will have to pay for it for centuries to come.

But, the impacts of flooding in Pakistan, Nigeria and elsewhere in recent years have tipped the balance - here in Egypt the issue of the losses and damages due to rising temperatures finally made it onto the negotiating agenda.
Georgina Rannard, BBC News -- Reporting from COP27After that huge moment, COP27's President Sameh Shoukry swiftly moved on to this summit's overarching decision - called a cover text - which would bring together all of the elements discussed here in Egypt.

Switzerland immediately raised its hand, asking for more time.

Nations have not had time to read the draft decision, it said, asking for a 30 minute break. It has been granted and now there is silence in the room.

I saw EU negotiator Franz Timmermans stride in, followed seconds later by the UK's Alok Sharma. We're watching closely to see what happens next - there could be a real fight ahead.
 
Justin Rowlatt, BBC Climate editor, reporting from COP27: The current version of the final agreement here at COP27 does not raise ambition on cutting emissions from the deal reached at the last summit in Glasgow. The final session of the conference here in Egypt has been suspended for half an hour while that is being discussed, so there could be changes.

The suspension follows a request from Switzerland, which heads a group of nations committed to raising ambition on climate. That means it's likely that there is an attempt to strengthen the language in this key document.

At the moment it echoes the language of the Glasgow deal almost word for word. That is disappointing given that the aim of these conferences is to steadily increase ambition in the climate battle.

Indeed some veteran observers of these conferences have spotted a new item in the energy section - the Egyptian text has added in "low-emission" energy sources alongside renewable power. That could include all sorts of power supplies including - some here in the conference hall fear - gas.
Georgina Rannard, BBC News Reporting from COP27: The conference is just coming back from a break after nations have been arguing over the final political text that will summarise this summit.

Some of that “huddling” has started that we mentioned earlier - UK negotiator Alok Sharma, who secured last year’s Glasgow climate pact, walked over to the US.

The EU joined the group. There was some shaking of heads. They were likely to have been discussing how far rich nations want to go in this political text on when and how the world will stop using fossil fuels. “It does not raise ambition at all, we are disappointed,” Norway’s environmental minister has just told journalists standing by the huddle.
 
(BBC News) 'Voices finally heard - on African soil'
The official COP27 Twitter account hails the "long-awaited" deal to launch a fund to help nations worst-hit by climate change.

"History was made," it says on Twitter. "On African soil, the voice of the acutely affected communities were finally heard."
Almost 200 countries agree overarching climate deal
The COP27 summit agrees an overarching climate deal, summarising the political agreements made in Sharm el-Sheikh.

COP President Sameh Shoukry brought the gavel down on the document which represents the consensus all nations have come to.
 
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