The Latest | UN Climate Summit
More than two dozen climate activists protested to pressure industrialized nations to pay for the destruction caused by climate change in the most vulnerable nations
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The Latest on COP27, the United Nations climate summit in Sharm el-Sheikh, Egypt.
More than two dozen climate activists protested to pressure industrialized nations to pay for the destruction caused by climate change in the most vulnerable nations.
The protest Monday came as the United Nations’ climate conference enters its second and final week in Egypt’s seaside resort of Sharm el-Sheikh. The protesters were seen dancing and chanting inside the conference’s Blue Zone, a U.N. territory.
Virginia Llorin, a protester from the Philippines, said activists will keep fighting for financing for the most vulnerable nations to be able to recover from the impacts of climate change and prepare themselves for future climate-related weather events.
“We can’t wait anymore,” she said.
___
KEY DEVELOPMENTS:
— Climate confab heads into final week, warming goal uncertain
— In brutal drought, Kenyan herders look for hope underground
— Israel rushes to protect marine life as Mediterranean warms
— Saudi Arabia has ‘green vision’ at COP27, critics unmoved
___
The Group of Seven leading economies launched a new insurance system Monday to provide swift financial aid when nations are hit by devastating effects of climate change.
The so-called Global Shield is backed by the V20 group of 58 climate-vulnerable nations and will initially receive more than 200 million euros (dollars) in funding, mostly from Germany. Initial recipients include Bangladesh, Costa Rica, Fiji, Ghana, Pakistan, the Philippines and Senegal.
Ghana’s Finance Minister Ken Ofori-Atta called it “a path-breaking effort” that would help protect communities when lives and livelihoods are lost.
But civil society groups were skeptical, warning that it should not be used as a way to distract from the much broader effort to get big polluters to pay for the loss and damage they’ve caused with their greenhouse gases.
“We need a solution at the scale of the losses, and that means going beyond subsidized insurance,” said Rachel Simon of the environmental group Climate Action Network Europe.
She said new funds should also be created within the oversight of the U.N. climate talks, not on the sidelines, to ensure proper international oversight.
___
Global climate talks in Egypt headed into their second half on Monday with plenty of uncertainty left over whether there’ll be a substantial deal to combat climate change.
Tens of thousands of delegates from nearly 200 countries, observers, experts, activists and journalists, returned to the conference zone in the Red Sea resort of Sharm el-Sheikh after a one day break.
The U.N.’s top climate official appealed for constructive diplomacy to match the high-flying rhetoric heard during the opening days of the talks.
___
Follow AP’s climate and environment coverage at https://apnews.com/hub/climate-and-environment
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.