In a 1st, climate meet to discuss compensation

Finally, COP27 puts climate compensation on agenda

- Vishwa Mohan

Step To Support Poor, Vulnerable Countries Hit By Emissions Of Rich Nations

Sharm el-Sheikh (Egypt): Over 190 participating countries, including India, on the first day of the UN climate conference on Sunday agreed to include funding for loss and damage in the agenda for the COP27. It’s an important step towards working out a mechanism to support poor and vulnerable countries who have to face the impacts of climate change due to historical emissions of rich nations. “We have always been in support of bringing ‘loss and damage’ finance to the COP agenda. India will contribute effectively for devising a mechanism in the interest of developing countries,” said India’s environment minister Bhupender Yadav who is leading a team of 18 negotiators at the annual climate talks which was opened on Sunday with the key aim of ensuring full implementation of the Paris Agreement.