TechDigits

Tech news
Friday, Feb 23, 2024

UN chief says stop ‘blame game’ at deadlocked climate talks

UN chief says stop ‘blame game’ at deadlocked climate talks

UN chief Antonio Guterres urged rich and developing nations to stop the “finger pointing” at deadlocked climate talks on Thursday and reach a deal on covering the losses suffered by vulnerable countries battered by weather disasters.
With the two-week COP27 conference in Egypt officially due to wrap up on Friday, negotiators faced a long night as they scrambled to find a compromise over the contentious issue of “loss and damage” and prevent the talks from collapsing.

Guterres said there was “clearly a breakdown in trust” between developed and emerging economies, adding that the most effective way to build confidence would be to find an “ambitious and credible agreement” on loss and damage and financial support for vulnerable countries.

“This is no time for finger pointing. The blame game is a recipe for mutually assured destruction,” he said, after flying back to Egypt from Bali where he had attended a G20 leaders meeting.

“The time for talking on loss and damage finance is over — we need action.”

Developing nations least responsible for global emissions are pushing rich polluters to agree at COP27 on the creation of a fund to compensate countries facing huge losses from climate impacts.

After dragging their feet over loss and damage over concerns it would leave rich nations legally exposed to open-ended demands for compensation, the
United States and European Union somewhat softened their position by agreeing to discuss the issue at COP27.

Hours after Guterres’s intervention, Sameh Shoukry, the COP27 president, urged delegates to approach the last hours of talks with “urgency.”

“We are not where we need to be in order to close this conference with tangible and robust outcomes,” he said at a session late Thursday.

European Commission Vice President Frans Timmermans proposed the establishment of a “loss and damage response fund for the most vulnerable countries” as a compromise.

But he also said that the funding should come from a “broad donor base” — code for China, the world’s top polluter and second biggest economy, to participate.

An earlier proposal from China and some 130 developing nations — known as G77+China — limits the donor base to a list of two-dozen rich nations drawn up in 1992.

Timmermans has said that countries such as China, which were poorer 30 years ago, should not be left “off the hook” now that they have grown wealthier.

The G77+China proposal also says the fund would be used to assist “developing nations” in broader terms than the EU’s proposal.

“For us, the success of COP27 depends on what we get on loss and damage,” G77+China lead negotiator Nabeel Munir of Pakistan said after Timmermans spoke.

The United States, the world’s second biggest carbon emitter, did not address the open meeting while a Chinese representative did not directly mention loss and damage in his intervention.

A draft text published later on the COP27 website included some of the language in both proposals, without going into details into who would have to pay into the fund.

Earlier, Ralph Regenvanu, minister of climate change for the Pacific island of Vanuatu, warned that walking out of the talks “was discussed as an option” if developing nations come away empty handed.

“We are out of time and we are out of money and we are out of patience,” he said at a news conference.

Protests held within the conference compound have sought to keep up the pressure on delegates, with small but vocal crowds of demonstrators chanting:

“What do we want? Climate justice!“

The deadlock on loss and damage is holding up agreement on a broad range of issues that nations are hoping to address at COP27.

Developed countries want countries to reaffirm their commitment to meeting the aspirational goal of limiting global warming to 1.5 degrees Celsius — a tough target as CO2 emissions are expected to hit an all-time high this year.

Timmermans said that for the EU, the 1.5C target and loss and damage “are two sides of the same coin.”

“We sincerely hope that by this offer that we are making tonight, we can bring parties closer together because we believe it is urgent that we show to all our constituents that we want this COP to succeed,” he said.

Developing nations have also sought assurances at COP27 that rich countries will finally fulfil promises to provide $100 billion a year to help them green their economies and adapt to future impacts.

“The climate clock is ticking, and trust keeps eroding,” Guterres said.

“The parties at COP27 have a chance to make a difference — here and now. I urge them to act — and act quickly.”
Newsletter

Related Articles

TechDigits
0:00
0:00
Close
FTX's Bankman-Fried headed for jail after judge revokes bail
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Musk announces Twitter name and logo change to X.com
The future of sports
TikTok Takes On Spotify And Apple, Launches Own Music Service
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
UK Crypto and Stablecoin Regulations Become Law as Royal Assent is Granted
A Delaware city wants to let businesses vote in its elections
Alef Aeronautics Achieves Historic Milestone with Flight Certification for World's First Flying Car
Google Blocked Access to Canadian News in Response to New Legislation
French Politicians Advocate for Pan-European Regulation on Social Media Influencers
Melinda French Gates Advocates for Increased Female Representation in AI to Prevent Bias
Snapchat+ gains 4 million paying subscribers in its first year
Apple Makes History as the First Public Company Valued at $3 Trillion
Elon Musk Implements Twitter Limits to Tackle Data Scraping, but Faces Criticism for Technical Misunderstanding
EU and UK's Slow Electric Vehicle Adoption Raises Questions About the Transition to Green Mobility
Top Companies Express Concerns Over Europe's Proposed AI Law, Citing Competitiveness and Investment Risks
Meta Unveils Insights on AI Usage in Facebook and Instagram, Amid Growing Calls for Transparency
Crypto Scams Against Seniors Soar by 78% in 2022, Experts Urge Vigilance
The End of an Era: National Geographic Dismisses Last of Its Staff Writers
Shield Your Wallet: The Perils of Wireless Credit Card Theft
Harvard Scientist Who Studies Honesty Accused Of Data Fraud, Put On Leave
Putting an End to the Subscription Snare: The Battle Against Unwitting Commitments
The Legal Perils of AI: Lawyer Faces Sanctions for Relying on Fictional Cases Generated by Chatbot
ChatGPT’s "Grandma Exploit": Ingenious Hack Exposes Loophole in AI, Generates Free Software Codes
The Disney Downturn: A Near Billion-Dollar Box Office Blow for the House of Mouse
A Digital Showdown: Canada Challenges Tech Giants with The Online News Act, Meta Strikes Back
Distress in the Depths: Submersible and Passengers Missing in Titanic Wreckage Expedition
Mark Zuckerberg stealing another idea: Twitter
European Union's AI Regulations Risk Self-Sabotage, Cautions smart and brave Venture Capitalist Joe Lonsdale
Nvidia GPUs are so hard to get that rich venture capitalists are buying them for the startups they invest in
Chinese car exports surge
Reddit Blackout: Thousands of Communities Protest "Ludicrous" Pricing Changes
Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
AI ‘extinction’ should be same priority as nuclear war – experts
×