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As I wrote about a few weeks in the past within the publication, one of many main discussions at COP27 was about whether or not richer international locations ought to assist poorer, extra susceptible nations pay for the impacts of local weather change. Local weather disasters had been high of thoughts this yr, particularly after devastating flooding in Pakistan killed over 1,000 individuals, displaced tens of millions extra. Whole value estimates topped $40 billion.
After two weeks of negotiations, delegates at COP27 reached an settlement on financing for loss and harm….kind of. There shall be a fund, however how a lot is in it and the way it will work is unclear. Particulars are set to be ironed out at, you guessed it, one other UN local weather convention—COP28 is scheduled for subsequent yr in Dubai.
Nations paying into the loss and damages fund aren’t admitting blame or accepting legal responsibility for local weather damages. However the creation of the fund and all of the discussions round local weather harm have introduced up the query: who bought us into this mess? And who needs to be paying for it?
With regards to greenhouse gasoline emissions, historical past issues. Right here’s what I imply by that:
Once I was first studying about local weather science, this logic floored me. It’s so intuitive, however it recast the talk round nationwide local weather duty in my head. I’d at all times heard that China was the nation we should always all be speaking about when it got here to emissions. They’re the most important local weather polluter at this time, in any case.
However if you add up whole emissions, it’s tremendous clear: the US is by far the best whole emitter, liable for a few quarter of all emissions ever. The EU is subsequent, with about 17% of the whole. Lastly we now have China, coming in third.
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