The past week has given the planet a glimpse of what climate-vulnerable countries have long proverbial whereas wealthy countries bend over backwards to pledge their support for climate action, they’re way less spirited once it involves forking over the money.
At the UN’s COP27 climate summit, the u. s., the eu Union and also the uk square measure united against establishing a brand new fund this year to assist the world’s developing nations – that have contributed very little to the climate crisis – endure climate disasters.
Developing a supposed loss and injury fund could be a key issue at COP27, and “the take a look at|acid-base indicator} test for success” of the summit, aforesaid Erin Roberts, a climate policy investigator and founding father of the Loss and injury Collaboration.