Next month's U.N. climate summit must do more to include the developing world, financial and industry leaders told the Reuters IMPACT conference this week, as global warming reaches a critical juncture for the poorest nations.
The gulf between the Global South and the developed world, in terms of climate effects and mitigation, is coming sharply into focus ahead of the COP27 meeting in Egypt.
African ministers who met in Cairo last month called for a sharp expansion of climate financing for their continent while pushing back against an abrupt move away from fossil fuels. "Loss and damage will be one of the big issues of COP27," said Hill. "You can expect to find the UK at the more progressive end of this issue."the Amazon billionaire's Bezos Earth Fund was seeking to build a coalition with African and European countries around the U.N. climate summit to add heft to land restoration efforts in Africa.
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