Some countries want the plan to be valid only for one year, while others say a longer-term roadmap is needed
While all countries are equal at the UN meeting, in practice little gets done without the approval of the world’s two biggest emitters, China and the United States. Beijing cancelled formal dialogue on climate following Speaker Nancy Pelosi’s visit to Taiwan and relations have been frosty since. U.S. climate envoy John Kerry said Saturday that he had only held informal discussions with his Chinese counterpart Xie Zhenhua lately.
Aminath Shauna, the environment minister of the Maldives, said her island nation conservatively estimates that it will need $8 billion for coastal adaptation. And even that may not be enough, if sea levels rise too much. “It is very disheartening to see that it may be too late for the Maldives, but we still need to address ,” she said.The subject of climate compensation was once considered taboo, due to concerns from rich countries that they might be on the hook for vast sums.
John Kerry said the United States is hopeful of getting an agreement “before 2024” but suggested this might not come to pass in Egypt. But he made it clear where the U.S. red line lies for Washington: ”The United States and many other countries will not establish some … legal structure that is a tied to compensation or liability.” That doesn’t mean money won’t flow, eventually.
“But I can promise you we will be working until the very last second to ensure that we can reach an ambitious and equitable outcome,” she said. “We are reaching for the stars while keeping our feet on the ground.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taxpayers in the dark about federal, B.C. spending at UN climate talks in EgyptCanada has sent approximately 335 members on the Canadian delegation to the annual COP27 event, taking place Nov. 6-18, but the final cost has not been revealed.
Read more »
Biden off to climate talks, 1st leg of around-the-world tripPresident Joe Biden left Washington for a global climate meeting with a giant domestic investment in tow — and likely to face questions about how far the U.S. will go to pull other large greenhouse gas emitters along.
Read more »
Louis Tomlinson Talks Keeping In Touch With His One Direction ‘Brothers,’ Supporting Each Other’s Solo ProjectsFriday, Nov. 11 marks the arrival of Louis Tomlinson's second studio album, Faith in the Future. In a new interview with ET Canada's Morgan Hoffman, Tomlinson discusses how his sophomore LP is reflective of his own personal growth in recent years. 'This album, it just carries a slightly different... it makes me cringe saying this but…
Read more »
UN, Russia hold talks on extending wartime Ukraine grain dealExtending the deal is critical because Ukraine and Russia are major suppliers of wheat, barley, sunflower oil and other food
Read more »