Agreement on fund for loss and damage – news Urix – Foreign news and documentaries

The decision was announced a little after 3 a.m. on Sunday. A support scheme linked to what is called “loss and damage” has been one of the most difficult topics at the climate summit. The term “loss and damage” is used for climate damage that cannot be adapted to or avoided. One example is the sea level rise that threatens the Maldives and other low-lying island states. The topic has been very heated in the climate negotiations, partly because rich countries will not agree to something that could later make them vulnerable to lawsuits and compensation claims. CLIMATE: Climate and Environment Minister Espen Barth Eide during a press conference during the negotiations. Photo: Truls Alnes Antonsen / news Running out of time At 9 p.m. on Saturday evening, there should have been a closing meeting with all the delegations according to the plan. It didn’t happen. – We are strong in overtime. This really drags on,” said climate and environment minister Espen Barth Eide to news. Later it was announced that the closing meeting would begin at 02 Norwegian time. According to the minister, it was primarily a disagreement about very central issues related to emission reductions that led to the postponement. – These last hours of the negotiations are critical to keep the 1.5 degree target alive, said Barth Eide. Agreement on fund It has nevertheless been agreed on a support scheme related to what is called “loss and damage”. It had been one of the most difficult topics at the climate summit. A new fund will ensure support for poor countries affected by climate change. The term “loss and damage” is used for climate damage that cannot be adapted to or avoided. One example is the sea level rise that threatens the Maldives and other low-lying island states.



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