Saudi Press

Saudi Arabia and the world
Friday, Apr 19, 2024

UN chief says stop ‘blame game’ at deadlocked climate talks

UN chief says stop ‘blame game’ at deadlocked climate talks

UN chief Antonio Guterres urged rich and developing nations to stop the “finger pointing” at deadlocked climate talks on Thursday and reach a deal on covering the losses suffered by vulnerable countries battered by weather disasters.
With the two-week COP27 conference in Egypt officially due to wrap up on Friday, negotiators faced a long night as they scrambled to find a compromise over the contentious issue of “loss and damage” and prevent the talks from collapsing.

Guterres said there was “clearly a breakdown in trust” between developed and emerging economies, adding that the most effective way to build confidence would be to find an “ambitious and credible agreement” on loss and damage and financial support for vulnerable countries.

“This is no time for finger pointing. The blame game is a recipe for mutually assured destruction,” he said, after flying back to Egypt from Bali where he had attended a G20 leaders meeting.

“The time for talking on loss and damage finance is over — we need action.”

Developing nations least responsible for global emissions are pushing rich polluters to agree at COP27 on the creation of a fund to compensate countries facing huge losses from climate impacts.

After dragging their feet over loss and damage over concerns it would leave rich nations legally exposed to open-ended demands for compensation, the
United States and European Union somewhat softened their position by agreeing to discuss the issue at COP27.

Hours after Guterres’s intervention, Sameh Shoukry, the COP27 president, urged delegates to approach the last hours of talks with “urgency.”

“We are not where we need to be in order to close this conference with tangible and robust outcomes,” he said at a session late Thursday.

European Commission Vice President Frans Timmermans proposed the establishment of a “loss and damage response fund for the most vulnerable countries” as a compromise.

But he also said that the funding should come from a “broad donor base” — code for China, the world’s top polluter and second biggest economy, to participate.

An earlier proposal from China and some 130 developing nations — known as G77+China — limits the donor base to a list of two-dozen rich nations drawn up in 1992.

Timmermans has said that countries such as China, which were poorer 30 years ago, should not be left “off the hook” now that they have grown wealthier.

The G77+China proposal also says the fund would be used to assist “developing nations” in broader terms than the EU’s proposal.

“For us, the success of COP27 depends on what we get on loss and damage,” G77+China lead negotiator Nabeel Munir of Pakistan said after Timmermans spoke.

The United States, the world’s second biggest carbon emitter, did not address the open meeting while a Chinese representative did not directly mention loss and damage in his intervention.

A draft text published later on the COP27 website included some of the language in both proposals, without going into details into who would have to pay into the fund.

Earlier, Ralph Regenvanu, minister of climate change for the Pacific island of Vanuatu, warned that walking out of the talks “was discussed as an option” if developing nations come away empty handed.

“We are out of time and we are out of money and we are out of patience,” he said at a news conference.

Protests held within the conference compound have sought to keep up the pressure on delegates, with small but vocal crowds of demonstrators chanting:

“What do we want? Climate justice!“

The deadlock on loss and damage is holding up agreement on a broad range of issues that nations are hoping to address at COP27.

Developed countries want countries to reaffirm their commitment to meeting the aspirational goal of limiting global warming to 1.5 degrees Celsius — a tough target as CO2 emissions are expected to hit an all-time high this year.

Timmermans said that for the EU, the 1.5C target and loss and damage “are two sides of the same coin.”

“We sincerely hope that by this offer that we are making tonight, we can bring parties closer together because we believe it is urgent that we show to all our constituents that we want this COP to succeed,” he said.

Developing nations have also sought assurances at COP27 that rich countries will finally fulfil promises to provide $100 billion a year to help them green their economies and adapt to future impacts.

“The climate clock is ticking, and trust keeps eroding,” Guterres said.

“The parties at COP27 have a chance to make a difference — here and now. I urge them to act — and act quickly.”
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Reports in Gaza: 5 dead from the impact of aid packages dropped by the USA
Apple warns against drying iPhones with rice
China Criticizes US for Vetoing UN Ceasefire Resolution in Gaza
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
The U.S. vetoed a U.N. Security Council resolution calling for a temporary ceasefire in Gaza, instead proposing its own six-week ceasefire plan contingent upon the release of all hostages held by Hamas
Prince William Urges End to Gaza Conflict
Saudi Arabia ranks first in UN index for e-government services in MENA
Israel has gone ‘beyond self-defence’ in Gaza, says Labour’s Streeting
EU Calls for Immediate Ceasefire in Gaza Conflict
Israel Records 20% Drop In GDP, War In Gaza Is The Reason
Saudi Arabia's FDI Inflows Grow with New International Standards
Venture Capitals Power Up Across MENA Region
Saudi Arabia Introduces Terms for 30-Year Income Tax Exemption for Multinational Companies
Saudi FM: Establishing Palestinian state is only pathway for Mideast stability
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
Elon Musk's Starlink Gets License For Israel, Parts Of Gaza
Influencers Exploit X Platform for Profit Amidst Israel-Gaza Conflict
PM Modi Announces Opening Of New CBSE Office In Dubai
International Criminal Court's Chief "Deeply Concerned" By Rafah Bombing
January Funding for MENA Startups Totals $86.5 Million
Saudi Arabia accelerates digital economy growth through Nvidia partnership
Indian female military officers commend Saudi Arabia's progress and women's empowerment
Israel unveils tunnels underneath Gaza City headquarters of UN agency for Palestinian refugees
Israel deploys new military AI in Gaza war
Egypt threatens to suspend key peace treaty if Israel pushes into Gaza border town, officials say
Israel Utilizes AI Military Technology in Gaza Conflict
Saudi Arabia Warns Of A "Humanitarian Catastrophe" If Israel Moves On Rafah
China Warns Iran to Halt Houthi Attacks or Damage Trade Ties
US University To Shut Qatar Campus Due To "Heightened Mideast Instability"
Iran-backed hackers interrupt UAE TV streaming services with deepfake news
Facebook and Instagram Ban Iran's Supreme Leader
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
U.S. Secretary of State Blinken: The Israelis underwent dehumanization on 7.10, this does not give them the right to do this to others.
Defense Technology Showcase Held in Riyadh
Saudi Arabia’s non-oil exports rise 2.5% to $6bn in November 2023: GASTAT
UK Bans Misleading "Zero Emissions" Claims for Electric Cars
Gaza's Teen Inventor Sparks Light in Displacement
Netanyahu Rejects Ceasefire Proposal, Insists On Total Victory Over Hamas
Guterres appoints independent UNRWA review panel
Private Sector Employment Hits Record High with Over 11 Million Employees in January
Rolls-Royce Executive Encourages Saudi Women to Tap into Their Inner 'Superhero' for Success in Defense Industry
Saudi Arabia launches National Academy of Vehicles and Cars
Saudi Tourism Minister Reveals Plan for 250,000 New Hotel Rooms by 2030
SAR to more than double eastern network passenger capacity with new trains deal
Saudi Arabia Enhances National Defense with New Partnerships
Saudi Aramco Maintains Arab Light Crude Pricing to Asia for March
NEOM Establishes New York Office to Support Investors
Saudi Wealth Fund Draws in Over $25 Billion Worth of Investments in Three Years, Al-Rumayyan Reveals
ZATCA Cautions Against Scammer Schemes
INTRA Defense Technologies inaugurates drone factory in Riyadh
×