Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

John Kerry says there will be 'an outcome of some kind' in talks with poorer nations about climate reparations and again called on China to chip in

John Kerry says there will be 'an outcome of some kind' in talks with poorer nations about climate reparations and again called on China to chip in

Developing countries want to make rich ones pay for outsized contributions to the climate crisis, and have added the idea to the agenda at UN talks.
Developing countries came to the UN climate summit with a mission: hold rich nations like the US and those in Europe accountable for their outsized contributions to the environmental crisis.

These developing countries scored a quick breakthrough nearly a week ago when the global talks got underway. They managed to get the issue of "loss and damage" added to the agenda for the first time in the history of the UN climate convention.

Egypt and Pakistan, where flooding killed 1,700 over the summer and inflicted an estimated $30 billion in damages, led the push to make reparations part of the discussion.

Now comes the hard part: Over the next week, a debate will play out between rich economies, like the US and those in Europe, and poorer countries over how to compensate developing nations for climate-fueled disasters for which they bear little responsibility.

John Kerry, the US special climate envoy, on Saturday told reporters that making loss and damage an official agenda item means there will be "an outcome of some kind," though he said he doesn't know how it will take shape. Kerry also alluded to comments he's made in the past about putting China on the hook for climate reparations. That country is now the world's largest emitter of greenhouse gas emissions.

"There are a whole bunch of countries that have been burning coal for 70 or 80 years that have also contributed to where we are," Kerry said. "How do you manage that?"

Chinese climate envoy Xie Zhenhua said Wednesday that the country would not pay into a loss and damage fund for developing nations but supported their cause, Voice of America reported. China is categorized as a developing nation under the terms of the UN climate convention and therefore isn't legally obliged to give climate finance.

Kerry cast doubt that an agreement on a "financial arrangement" for loss and damage would be achieved at COP27, which ends November 18. However, a deal could come together by next year's conference, he said.

Egypt is an appropriate location for the talks, which are playing out over two weeks. The entire African continent accounts for just 3% of global greenhouse gas emissions yet is among the most vulnerable to disasters like drought and heat waves. Millions of people from Kenya to Somalia are on the brink of famine, in part because of climate upheavals. The British Red Cross described the situation as the worst food crisis in parts of the continent in 40 years.

Wealthy countries like the US and those in Europe account for 80% of greenhouse gas emissions after more than a century of burning fossil fuels to industrialize their economies. They've repeatedly objected to discussing loss and damage during past UN climate negotiations over concern that such talks would result in enormous financial liabilities.

The US position shifted this year under President Joe Biden. A State Department spokesperson told Insider that the administration was open to the agenda item and would engage in talks on how to address loss and damage.

Brandon Wu, director of policy campaigns at ActionAid USA, a social-justice nonprofit, said he hopes the issue gets more than just lip service during COP27, the shorthand for the UN's "conference of the parties" climate talks.

"This is a welcome shift from their previous unwillingness to engage in formal negotiations about loss and damage finance, but it's not anything more than that — a willingness to talk," Wu told Insider. "What matters is what they're willing to agree to."

ActionAid joined nearly 150 organizations last month in urging Kerry to support the creation of a specific fund for loss and damage that is separate from financing for climate mitigation and adaptation projects in developing countries. More than a decade ago, rich nations promised to send $100 billion a year to poorer countries by 2020. Wealthy countries continue to fall short, according to a report released by Germany and Canada ahead of COP27.

Wu said a separate finance structure is needed because humanitarian assistance is reactive after disasters and doesn't always flow to the countries most in need — in some cases because they don't make headlines.

"Humanitarian aid historically hasn't built climate resilience," he added. "There were massive floods in Pakistan in 2010. Billions of assistance flowed there in 2010, and when a new round hit this year, they were in the same boat."

Scientists at World Weather Attribution found that more intense rainfall due to human-caused climate change, as well as inadequate infrastructure, high poverty rates, and economic instability, were all factors in the devastation in Pakistan.

Some developed nations have already stepped up. Scotland, which hosted last year's UN climate summit in Glasgow, became the first to pledge funding for loss and damage with a $2 million contribution. Denmark, in September, followed suit with a $13 million pledge.

Some developed nations have already unveiled contributions during COP27. Germany announced $176 million for loss and damage and Austria also pledged $50 million. Belgium is donating $2.6 million to Mozambique, which endured extreme rains last year. Scotland added another $5.7 million in donations to the $2 million it had already announced.

If countries do agree to establish a separate fund on loss and damage, Wu said it could take years to hash out how it's set up, including how to calculate who pays what and how to ensure the money is distributed equitably.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
United Nations Calls for Global Action Against Disinformation and Hate Speech Online
Tucker Carlson warns of an inevitable clash in Western societies over mass migration
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Poland's President Karol Nawrocki ENDS support for Ukrainian citizens:
Italy's PM Giorgia Meloni highlights record employment and economic growth
Chancellor Friedrich Merz Re-elected as CDU Leader, Opposes AfD Influence
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
Two teens arrested in France for alleged terror plot.
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Former President Yoon Suk Yeol Sentenced to Life in Prison for Abuse of Authority
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
German Chancellor Friedrich Merz calls for real name use on social media.
Italian Police Arrest Man After Alleged Attempt to Abduct Toddler at Bergamo Supermarket, Child Hospitalised With Fractured Femur
British Tourist Arrested at Hong Kong Airport After Meltdown and Vandalism
European Commission Plans Purchase Incentives Limited to Vehicles Manufactured Largely in the EU
French District of Pas-de-Calais Introduces Immediate License Suspension for Drivers Using Mobile Phones
Volkswagen Targets €60 Billion in Cost Reductions as Sales Decline and Global Pressures Intensify
Eighty-Year-Old Lottery Winner Sentenced to 16.5 Years for Drug Trafficking
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Poland's President Advocates for Evaluating Independent Nuclear Weapons Development
Mayor of Serdobsk in Russia’s Penza Region Resigns After Housing Certificates Granted to Migrant Family Trigger Public Outcry
China’s EV Makers Face Mandatory Return to Physical Buttons and Door Handles in Driver-Distraction Safety Overhaul
UK Green Party Considering Proposal to Legalize Heroin for an Inclusive Society
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
We will protect them from the digital Wild West.’ Another country will ban social media for under-16s
Heineken announces cut of 6,000 jobs due to declining beer demand
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Belgium: Man Charged with Rape After Faking Payment to Sex Worker
KPMG Urges Auditor to Relay AI Cost Savings
Canada Opens First Consulate in Greenland Amid Rising Geopolitical Tensions
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
Political Censorship: French Prosecutors Raid Musk’s X Offices in Paris
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
France Begins Phasing Out Zoom and Microsoft Teams to Advance Digital Sovereignty
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Markets Jolt as AI Spending, US Policy Shifts, and Global Security Moves Drive New Volatility
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
Starmer Signals UK Push for a More ‘Sophisticated’ Relationship With China in Talks With Xi
×