Finding The Cash
The Times of India Hyderabad|November 21, 2022
Funding COP27’s agreement on climate compensation & energy transition will be tough
Finding The Cash

Tortuous negotiations at COP27 yielded an important break-through – the agreement to set up a loss and damage fund, oftenreferred to as climate compensation fund. A compensation fund at climate talks is not new – the 2015 landmark Paris Agreement mentions it. However, acting upon it is a big step forward because it had to clear two hurdles. One, the largest emitters historically had to accept responsibility for irretrievable damage as warming above pre-industrial levels is already having an effect. Second, as COP27 works on consensus, everybody had to come on board.

この記事は The Times of India Hyderabad の November 21, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Times of India Hyderabad の November 21, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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