Maldives minister: negotiators reach deal on climate fund

“We managed to make progress on an important outcome,” said Wael Aboulmagd, who heads Egyptian delegation. “I think we’re getting there.”

Two drafts released by the Egyptian presidency, on efforts to step up emissions cuts and the overarching decision of this year’s talks, barely build on what was agreed in Glasgow last year. The meeting known as COP27 opened two weeks ago and had been scheduled to wrap up on Friday but looks set to drag on through the weekend.Earlier on Saturday government delegations and the meeting’s Egyptian hosts pointed fingers at each other.

“If these climate conferences set us back then we wouldn’t have needed to travel here in the first place,” she said.“The issue now rests with the will of the parties,” Shoukry said at a press conference. “It is the parties who must rise to the occasion and take upon themselves the responsibility of finding the areas of convergence and moving forward.”

A key sticking point remains over the issue called loss and damage. The world’s poorest nations are insisting that western carbon polluting nations establish a fund to compensate nations hurt by climate extremes, such asas the developing world put little of the heat-trapping gases into the atmosphere.

The United States may have moved a bit on its stance and seems more willing to accept the establishment of a loss and damage fund, but the division now is on where and how that fund is administered and who puts money into it, Waskow said.

Did the US finally break down and agree to vote towards helping others?

So China and India are not required to commit to emission reductions or provide any funds to help developing nations meet objectives. What a joke!!!

Or get big businesses to pollute less, and maybe reduce vehicle emissions?

This among so many other reasons is why the UN is meaningless!

Everyone, celebrate! (It is a mandatory celebration and if you don’t you will get points subtracted from your social credit score)

Tinubu’s said it from Day one

Is this for the “victims” of green energy mining & child labor?

Let’s double down. If there’s money everywhere, then who’s to say it won’t come full circle 🧚🏽💸

Hello, why haven't you called the colorado house race yet, Lauren Won, Adam conceded yesterday, and you still haven't changed the results, just like you haven't changed the Senate results to show the Alaska race is over and the Republicans won, we all know you are left-wing rag

How much for The Big Guy?

Nothing to do with climate. It's all about US money and transferring it to others.

'The United States may have moved a bit on its stance and seems more willing to accept the establishment of a loss and damage fund, but the division now is on where and how that fund is administered and who puts money into it, Waskow said.'

So money will fix “climate change”…Scamalot

Another “fund” that can be used for money laundering and corruption. Typical U.N. outcome.

simpler solution?

Let's see the details.

Wealth transfer,, got it.. Who knew it was all about money..? Oh,,,,, right...

Very good news to Africa.Lets now see pretenders in their true colours.

Climate cult communism, I don’t remember anything about this in the constitution so I’ll be opting out

Send lumber... so people can stilt their dwellings.

Climate Scum

All funds given to poor nations from rich nations should come directly from the military budgets of the rich nations.

Please God no!!

Who pollutes the most? 🤔🤔🤔

apparently saving lives is a “thorny” affair…

And that’s what poor nations cared about in the first place. Climate change is a wealth transfer.

First they tried to blackmail countries with resources. Passing on the threats...

Scam 🚨

You can't make sacrifices to the sun to change the weather. Not sure why we still think we can do that. Went from sacrificing virgins to sacrificing our tax dollars. It doesn't work like that.

Sop to the consciences of the bigger boys for ignoring provisions for reducing Warming.

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