Khaleej Times

Joy and relief at ‘historic’ climate damages accord

- EU Climate Policy Chief German Foreign Minister

This is the make or break decade, but what we have in front of us is not enough of a step forward for people and the planet.”

Frans Timmermans,

Vulnerable nations least responsibl­e for planetheat­ing emissions have been battling for three decades to get wealthy polluters to pay for climate damages.

Their final push took barely two weeks.

The "loss and damage" inflicted by climate-induced disasters was not even officially up for discussion when UN talks in Egypt began.

But a concerted effort among developing countries to make it the defining issue of the conference melted the resistance of wealthy polluters long fearful of open-ended liability, and gathered unstoppabl­e momentum as the talks progressed.

In the end, a decision to create a loss and damage fund was the first item confirmed on Sunday morning after fraught negotiatio­ns went overnight with nations clashing over a range of issues around curbing planet-heating emissions.

"At the beginning of these talks loss and damage was not even on

We have struggled for 30 years on this path and

today this journey has achieved its first positive

Sherry Rehman

Pakistan Climate Change Minister

the agenda and now we are making history," said Mohamed Adow, executive director of Power Shift Africa. "It just shows that this UN process can achieve results, and that the world can recognise the plight of the vulnerable must not be treated as a political football."

Loss and damage covers a broad sweep of climate impacts, from bridges and homes washed away in flash flooding, to the threatened disappeara­nce of cultures and whole island nations to the creeping rise of sea levels.

Observers say that the failure of rich polluters both to curb emissions and to meet their promise of funding to help countries boost climate resilience means that losses and damages are inevitably growing as the planet warms.

Event attributio­n science now makes it possible to measure how much global warming increases the likelihood or intensity of an individual cyclone, heat wave, drought or heavy rain event. This year, an

I said in Glasgow that the pulse of 1.5 degrees

was weak. All of us need to look ourselves in the mirror and consider we have fully risen to that challenge.”

Alok Sharma

COP 26 President

onslaught of climate-induced disasters — from catastroph­ic floods in Pakistan to severe drought threatenin­g famine in Somalia — battered countries already struggling with the economic effects of the Covid-19 pandemic and soaring food and energy costs. "The establishm­ent of a fund is not about dispensing charity," said Pakistani climate minister Sherry Rehman.

"It is clearly a down payment on the longer investment in our joint futures, in the down payment and an investment in climate justice."

Balancing act

The agreement was a balancing act, over seemingly unbridgeab­le difference­s.

On the one hand the G77 and China bloc of 134 developing countries called for the immediate creation of a fund at COP27, with operationa­l details to be agreed later.

Richer nations like the United States and European Union accepted

We have failed on mitigation .... We absolutely need to keep 1.5 alive. We have to ensure that increase in ambition to peak emissions by 2025. We have to phase out fossil fuel.”

Aminath Shauna

Maldives Climate Change Minister

that countries in the crosshairs of climate-driven disasters need money, but favoured a "mosaic" of funding arrangemen­ts.

They also wanted money to be focused on the most climate-vulnerable countries and for there to be a broader set of donors.

That is code for countries including China and Saudi Arabia that have become wealthier since they were listed as developing nations in 1992. After last-minute tussles over wording, the final loss and damage document decided to create a fund, as part of a broad array of funding arrangemen­ts for developing countries "that are particular­ly vulnerable to the adverse effects of climate change".

Other key points of contention were left ambiguous, or put into the remit of a new transition­al committee that will be tasked with coming up with a plan for making the decisions a reality for the 2023 UN climate summit in Dubai.

A reference to expanding sources

A fund for loss and damage is essential — but it’s not an answer if the climate crisis washes a small island state off the map — or turns an entire African country to desert.” Antonio Guterres

UN Secretary-general

of funding, "is vague enough to pass", said Ines Benomar, researcher at think tank E3G.

But she said debates about whether China — the world's biggest emitter — among others should maintain its status as "developing" was likely to reemerge next year. "The discussion is postponed, but now there is more attention to it," she said.

For his part, China's envoy Xie Zhenhua told reporters on Saturday that the fund should be for all developing countries.

However, he added: "I hope that it could be provided to the fragile countries first."

Harjeet Singh, head of global political strategy at Climate Action Network Internatio­nal, said other innovative sources of finance — like levies on fossil fuel extraction or air passengers — could raise "hundreds of billions of dollars".

Pledges for loss and damage so far are miniscule in comparison to the scale of the damages. — afp

It is more than frustratin­g to see overdue steps on mitigation and the phaseout of fossil energies being stonewalle­d by a number of large emitters and oil producers.” Annalena Baerbock

milestone ... It is a downpaymen­t and investment in climate justice.”

 ?? ?? as COP27 President Sameh Shoukry delivers a statement during the closing plenary at the COP27 climate summit in Sharm El Sheikh, Egypt, on Sunday. — reuters
as COP27 President Sameh Shoukry delivers a statement during the closing plenary at the COP27 climate summit in Sharm El Sheikh, Egypt, on Sunday. — reuters
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 ?? ?? Delegates applaud
Delegates applaud

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