climate talks appeared stalled on major
issues late night on Thursday, at the cop
27 climate Summit in Egypt with
possibilities for a deal were renewed by
a surprise offer from the European Union.
eu’s proposals came on two of the
thorniest issues, tying compensation for
climate disasters . to tougher emission
Cuts minutes after the United Nations
Summit chairman warned delegates that,
they were not where they needed to be. in
order to close the conference with
tangible and robust outcomes , they use
top climate officials made a surprise
offer
to Applause. he proposed a two-pronged
approach ,the proposal would create a
pool of money for poorer countries, in
exchange for a pledge to phase out goal
oil , gas and coal. European Union vice
president and climate Chief France Tim a
month later explained that, you know if
they’re opposing the fund focused on the
most valuable ,and funded by all those
who can Master the funds . during the meet
he said the issues of compensation and
emission cuts are two sides of the same
coin . as far as the European Union is
concerned making it clear that, the 27
Nation block will not offer more money
unless there are concessions on emission
targets . the announcement came shortly
after poorer countries that bear the
brunt of climate change stepped up the
urgency . the accused richer polluters are
stalling and said they cannot wait
another day , of the creation of a fund to
pay for damages. Antigua and Barbuda
expressed disappointment over the slow
progress of the loss and damage fund at
The Summit.
it’s the agenda item that many parties
on both sides have stated is the
defining issue for cop 27. we have been
waiting for two weeks for text on
funding arrangements for loss and damage.
we’re not sending the right signal to
the world . a world that is watching and
that’s waiting with us so we asked Mr
President where is the text.
as the summit comes to an end UN Chief
Antonio guterres has urged countries to
Stand and Deliver ,while pressing for the
meat for an agreement.
I’m here to appeal 12 parties to rise to
this moment and to the greatest
challenge that humanity is facing.
the world is watching and there’s a
simple message to all of us, Stand and
Deliver
the kind of meaningful climate action.
that people and planets so desperately
need
.
the issue of loss and damage is one of
three financial aid, Bots discussed .Rich
Nations agreed in past conferences to
spend 100 billion US dollars a year to
help poorer countries . develop cleaner
energy systems and adapt to prevent
future disasters . they have however
not delivered as far as offering funds
is concerned.