Help countries affected by climate change
The UN Climate Change Conference COP-27 ended with a consensus to create a fund to help poor countries affected by the effects of climate change. However, the conference did not make much progress on increasing efforts to curb greenhouse gas emissions responsible for the climate crisis.
According to the proposed agreement, the “Loss and Damage” fund will provide assistance to countries that have faced natural disasters such as cyclones, floods, and other disasters around the world. Wealthy countries with long-term carbon emissions will pay into the fund. For three decades, poor countries have been demanding money from rich countries for damages caused by climate change.
Sharm el-Sheikh, Egypt
This year’s COP conference began on November 6 in Sharm el-Sheikh, Egypt. It was supposed to end last Friday. However, the deadline for negotiating and negotiating the aid fund was extended by one day to Saturday. Finally, the countries agreed on the formation of the fund after discussions till Sunday morning.
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UN Secretary-General Antonio Guterres welcomed the agreement. In a video message, he said, “This agreement is an important step for justice.” Regarding this, German Climate Affairs Minister Jennifer Morgan said, “We agreed to this agreement because we want to stand by the countries at risk.”
Paris Climate Conference
In 2015, the Paris Climate Conference agreed to take steps to limit global temperature rise to 1.5 degrees Celsius above pre-industrial levels. This goal is mentioned in the agreement of this conference. However, scientists have warned that if current trends continue, global warming cannot be contained within these limits. Meanwhile, the global average temperature has risen to 1.1 degrees Celsius.
However, climate experts have expressed disappointment that no steps have been taken by COP-27 to prevent the rise in temperature. They say that the proposal for this year’s conference is deficient in its emphasis on stopping the use of fossil fuels.
British Prime Minister Rishi Sunak
In this regard, the chief executive of the European Climate Foundation, Lawrence Tubiana, said, “Fossil fuel traders had a big influence in this year’s Cup. The Egyptian government has put forward a draft proposal that clearly protects oil and gas-producing countries. We don’t want it to happen in the United Arab Emirates next year as well. It should be noted that the 2023 Cup-28 will be held in the United Arab Emirates.