- Nearly 200 countries gathering for the UN climate conference in Egypt are expected to lock horns over whether rich nations should pay compensation to vulnerable states hit by climate-fuelled disasters.
- If countries do agree to launch a fund, they would need to thrash out details such as where the money should come from, how much wealthy countries should pay, and which countries or disasters qualify for compensation.
- The Pacific island country Vanuatu, meanwhile, has asked the world’s highest court – the International Court of Justice – to issue an opinion on the right to be protected from adverse climate impacts.
COP27: What is ‘Loss and Damage’ compensation, and who should pay?
