TIMES.KY

Cayman Islands, Caribbeanand International News
Wednesday, Feb 28, 2024

UN Chief Urges Nations To Stop 'Blame Games' At Climate Summit

UN Chief Urges Nations To Stop 'Blame Games' At Climate Summit

Guterres made his plea as nations were deadlocked over the contentious issue of creating a "loss and damage" fund, with one day left before the COP27 conference is scheduled to end.
UN chief Antonio Guterres urged rich and developing nations to stop the "finger pointing" at crunch climate talks on Thursday and reach a deal on covering the losses suffered by vulnerable nations battered by weather disasters.

With the two-week COP27 conference officially due to wrap up on Friday, negotiators in Egypt said the talks would likely go on overnight as they scramble to find a compromise over the contentious "loss and damage" issue.

Guterres said there was "clearly a breakdown in trust" between developed and emerging economies, adding that the most effective way to build confidence would be to find an "ambitious and credible agreement" on loss and damage and financial support for vulnerable countries.

"This is no time for finger pointing. The blame game is a recipe for mutually assured destruction," he said.

"The time for talking on loss and damage finance is over -- we need action," he said, after flying back to Egypt from Bali where he had attended a G20 leaders meeting.

The intervention from the UN chief comes as the climate talks teeter on the edge of failure as poorer countries least responsible for global emissions lock horns with rich polluters over the creation of a "loss and damage" fund.

Ralph Regenvanu, minister of climate change for the Pacific island of Vanuatu, said walking out of the talks "was discussed as an option" if developing nations come away empty handed.

"We are out of time and we are out of money and we are out of patience," he said at a news conference.

"We must establish at this COP27 a loss and damage finance facility."

A 130-nation group known as G77+China issued a proposal to create the fund at the COP27 and agree on the nitty-gritty details at the next UN talks in Dubai in 2023.

After dragging their feet over loss and damage, the United States and European Union somewhat softened their position by agreeing to discuss the issue at COP27.

European Commission Vice President Frans Timmermans said the EU was open to the creation of a funding facility but that it should be among a "mosaic" of options that include existing financial instruments.

"We will do everything to find consensus," he said, adding however that he expects "quite a long and difficult journey to the end of this process".

"If this COP fails we all lose and we have absolutely no time to lose," he told journalists.

Protests held within the conference compound have sought to keep up the pressure on delegates, with small but vocal crowds of demonstrators chanting: "What do we want? Climate justice!"

China's role

Timmermans took issue with the G77+China proposal as it limits the donor base for a fund to a list of two-dozen rich nations drawn up in 1992.

The top EU official has pointed out that some countries, notably China, would be left "off the hook" from contributing to the fund even though they have grown wealthier since 1992.

"I'm still hopeful that we can reach an agreement on this, but then I do ask of our partners to make sure that it's fair so that everybody who is in a position to contribute contributes," Timmermans said.

Pakistan's climate minister Sherry Rehman, whose country chairs the G77+China, said the group was still "seeking to find common ground even at this late hour".

Rehman suggested that concerns from rich countries about liability could be addressed.

"For countries worried or anxious about liabilities and judicial proceedings, I think we can work around all those anxieties," she said.

Rehman recalled that Pakistan was devastated by floods this year that cost the country $30 billion.

"Vulnerability should not become a death sentence," she said.

"We are the ground zero of climate change," she added. "We must convey a message of hope to all those people that have pinned their ambitions on this particular COP."

Make-or-break

Guterres called for progress across the board on the goal of limiting warming to 1.5 degrees Celsius compared to preindustrial levels.

Rich nations should also finally deliver on their unmet pledge to provide $100 billion a year since 2020 to help the developing world green their economies and adapt to future impacts, and make progress on future financing.

Observers at the talks said loss and damage could be make-or-break for COP27.

"This is the issue around which the entire (COP)27 package hinges," said Tom Evans, an expert on climate diplomacy at think tank E3G.

Laurence Tubiana, a main architect of the 2015 Paris Agreement as France's top negotiator, told AFP a "possible landing zone for a compromise is not yet in view."

"Things could really go off the rails at the end."
Newsletter

Related Articles

TIMES.KY
0:00
0:00
Close
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Italian Court's Controversial Ruling on Sexual Harassment Ignites Uproar
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
BBC Personalities Rebuke Accusations Amidst Scandal Involving Teen Exploitation
A Swift Disappointment: Why Is Taylor Swift Bypassing Canada on Her Global Tour?
Historic Moment: Edgars Rinkevics, EU's First Openly Gay Head of State, Takes Office as Latvia's President
Bye bye democracy, human rights, freedom: French Cops Can Now Secretly Activate Phone Cameras, Microphones And GPS To Spy On Citizens
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
Unilever Plummets in a $2.5 Billion Free Fall, to begin with: A Reckoning for Misuse of Corporate Power Against National Interest
Beyond the Blame Game: The Need for Nuanced Perspectives on America's Complex Reality
Twitter Targets Meta: A Tangle of Trade Secrets and Copycat Culture
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
The New French Revolution
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
×