The Global South Is Growing More Despondent Since The Climate Envoy Rejected Reparations. What Now?

  • Date: 18-Jul-2023
  • Source: Forbes
  • Sector:Oil & Gas
  • Country:Egypt
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The Global South Is Growing More Despondent Since The Climate Envoy Rejected Reparations. What Now?

Share to Linkedin A vendor takes a water break at a wholesale flower market in Ahmedabad in Gujarat, India, on Friday, ... [+] May 5, 2023. Ahmedabad is an example of the patchwork coping mechanisms that cities around the world are taking to save lives in a hotter world. Photographer: Prashanth Vishwanathan /Bloomberg U. S. climate envoy John Kerry set off a firestorm after nonchalantly telling a congressional committee that this country would not pay reparations to developing countries coping with the climate crisis. The remark undercut the central theme to emerge from last year's Egyptian climate summit. But it also triggered a new set of questions centering on how to reward net carbon removers. After traversing the globe seeking an answer to this inquiry, the most common expressions are ones of futility — that carbon finance will never come. Notably, the affluent countries have benefited while emerging ones have plodded along — left to deal with the aftereffects of global warming. At some point, though, the Global North will pay in some form. Climate negotiators will ask at least 192 nations to present their progress when they meet in Dubai in December. Warning: most are off the mark to