EU reversal of stance on loss and damage turns the tables on China at Cop27

  • Date: 18-Nov-2022
  • Source: The Guardian
  • Sector:Oil & Gas
  • Country:Egypt
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EU reversal of stance on loss and damage turns the tables on China at Cop27

Late on Thursday night in the Egyptian resort of Sharm el-Sheikh, the Cop27 UN climate talks seemed stuck in an irretrievable logjam. Rich and poor countries had reached deadlock, a “breakdown between north and south”, according to the UN secretary general, António Guterres.

By Friday morning, the talks had been upended and the battleground dramatically redrawn, in a way it has not been in 30 years of these annual talks. At stake is the question of whether some of the world’s leading economies – countries such as China, Saudi Arabia and other Gulf petrostates, Russia and countries with high per capita income such as South Korea and Singapore – should start contributing for the first time to help the poorest and most vulnerable with the impacts of climate disaster.

“The UN framework convention on climate change was written from a 1992 perspective,” said Eamon Ryan, Ireland’s environment minister. “The scale of the climate crisis here and now is something we did not expect then.”