Current:Home > ContactDeveloping nations suffering from climate change will demand financial help -WealthPro Academy
Developing nations suffering from climate change will demand financial help
View
Date:2025-04-27 17:17:34
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! (71679)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Why Denise Richards Doesn't Want Daughter Sami Sheen to Get a Boob Job
- 14 Curly Girl Must-Haves to Take Your Hair From Okay to Yay
- Youngkin issues order aiming to combat antisemitism, other anti-religious hatred
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Zayn Malik's Halloween Transformation Into Harry Potter's Voldemort Will Give You Chills
- Massive windfarm project to be built off Virginia coast gains key federal approval
- What are witch storms? Severe weather pattern could hit Midwest in November
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Looking for a baked salmon recipe? What to know about internal temp, seasoning, more.
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Georgia child welfare leader denies she asked judges to illegally detain children in juvenile jails
- A pilot has been indicted for allegedly threatening to shoot the captain if the flight was diverted
- What was Heidi Klum for Halloween this year? See her 2023 costume
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Mad Dog Russo, Arizona Diamondbacks' Torey Lovullo 'bury hatchet' at World Series
- Beijing’s crackdown fails to dim Hong Kong’s luster, as talent scheme lures mainland Chinese
- My dog died two months ago. Pet loss causes deep grief that our society ignores.
Recommendation
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Credit card debt costs Americans a pretty penny every year. Are there cheaper options?
Wildfire fanned by Santa Ana winds forces thousands from their homes outside L.A.
John Kirby: Israel has extra burden of doing everything it can to protect innocent lives in Gaza
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Nespresso Flash Deal: Save 30% on the Vertuo Next Coffee & Espresso Maker Bundle
General Hospital Actor Tyler Christopher Dead at 50
South Korean auto parts maker plans $176M plant in Georgia to supply Hyundai facility, hiring 460