For the first time, the nations of the world have decided to help pay for the damage an overheating world is inflicting on poor countries. 9News
But they finished marathon climate talks on Sunday without further addressing the root cause of those disasters — the burning of fossil fuels.
"Three long decades and we have finally delivered climate justice," said Seve Paeniu, the finance minister of Tuvalu. Antigua and Barbuda's Molwyn Joseph, who chairs the organisation of small island states, described the agreement as a "win for our entire world".Homes are surrounded by floodwaters in Sohbat Pur city, a district of Pakistan's southwestern Baluchistan province, Tuesday, Aug. 30, 2022.
"What we have in front of us is not enough of a step forward for people and planet," a disappointed Frans Timmermans, executive vice president of the European Union, told his fellow negotiators. While the new agreement doesn't ratchet up calls for reducing emissions, it does retain language to keep alive the global goal of limiting warming to 1.5 degrees.
Maisa Rojas, minister of environment of Chile, left, and Germany's climate envoy Jennifer Morgan laugh ahead of a closing plenary session at the COP27 U.N. Climate Summit, Sunday, Nov. 20, 2022, in Sharm el-Sheikh, Egypt. It's a reflection of what can be done when the poorest nations remain unified, said Alex Scott, a climate diplomacy expert at the think tank E3G.
“This positive outcome from COP27 is an important step toward rebuilding trust with vulnerable countries.”
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