COP27 host warns rich countries against ‘backsliding’ on climate pledges

Euractiv | Oct 28, 2022 at 9:02 AM
  • The response of wealthy nations to climate change “is not up to the challenge” faced by the developing world and is too often subject to “backsliding”, Egypt’s climate negotiator said ahead of a key UN summit opening next week.
  • 80% of climate finance is going to mitigation – technologies to reduce greenhouse gas emissions – leaving developing countries to face the ‘loss and damage’ caused by storms and floods which are becoming more intense with climate change.
  • The urgency to take action was underlined again this week by the United Nations’ emissions gap report.