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Added on the 19/11/2022 07:00:26 - Copyright : Euronews EN
What happened during the first week of COP27? Here’s the 5 things you need to know
In an interview with FRANCE 24 in Strasbourg, the chairman of the environment committee at the European Parliament reacted to the recent COP27 climate summit in Egypt. Pascal Canfin hailed the deal on "loss and damage" for vulnerable countries as "better than nothing" and welcomed the fact that China has been asked to contribute to it.
In an interview with FRANCE 24, the president of Seychelles hailed the deal reached at the COP27 climate conference on a "loss and damage" fund for vulnerable nations as "good news". Wavel Ramkalawan said that "loss and damage" had been a long-standing request of small island states like his, but added that the key now was implementation and funding. "I hope that this good news is translated into reality immediately, because the world doesn't have time to wait," he said. Ramkalawan underlined that the islands of his archipelago face a very real risk of disappearance if no serious action is taken against climate change.
The UN's COP27 climate summit approved on Sunday the creation of a special fund to cover the losses suffered by vulnerable nations hit by the impact of global warming. SOUNDBITE
'This is a demand that is equitable (...) and should be accepted,' says G77 chief negotiator Nabeel Munir about climate reparations during a speech at the COP27 summit in Egypt's Sharm el Sheikh.
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