Least developed countries want fund to cover damage caused by global warming

Developing countries around the world are demanding that compensation for damage caused by global warming be high on the agenda of the United Nations World Climate Conference (COP27), a statement from the group said on Wednesday. Dakar.

Meanwhile, two senior government officials from Senegal and the Democratic Republic of Congo (DRC) attending the conference jointly refused to allow their countries to abandon future oil and gas exploitation under pressure from industrialized countries on behalf of the fight against global warming.

Ministers and experts from the group of least developed countries (LDCs), around 45 mainly African and Asian countries, met this week in the Senegalese capital to adopt a common position for COP27. Another meeting of African ministers is scheduled for Thursday, which US climate envoy John Kerry is expected to attend.

Several speakers underlined the low share of their countries in global greenhouse gas emissions and the disproportionate price they pay.

“Events such as flooding, coastal erosion, unseasonable rainfall…when these events occur unpredictably and with sometimes extremely high intensities, countries are left on their own,” the presses the Senegalese Minister of the Environment, Abdou Karim Sall. “It has become imperative to establish a fund to cover loss and damage, especially in the least developed countries.

The final declaration of the meeting expresses “the crucial importance of the establishment of a financing mechanism to deal with loss and damage”.

It calls on “all parties, especially large emitters, to urgently and significantly reduce (their) greenhouse gas emissions”, and urges rich countries to honor past financial commitments to fight global warming.

The Senegalese minister and his Congolese counterpart Eve Bazaiba Masudi denied the legitimacy of industrialized countries demanding that their countries renounce the exploitation of hydrocarbons.

Senegal plans to start exploiting its oil and gas reserves in the Atlantic in 2023. The DRC government launched tenders for 27 oil blocks and three gas blocks in late July, raising concern among environmentalists about the impact on biodiversity and the climate of the development of peatlands and forests. areas.

Around 20 countries, including the United States and France, committed at COP26 in 2021 to end foreign financing of fossil fuel projects without carbon capture technologies by the end of 2022.

Congolese leader says it’s ‘inconceivable’ that the West, which ‘has built its industry on fossil fuels’, would ask the DRC to give it up when it continues to account for the overwhelming majority of emissions .

“We also have to fight against poverty, we have to link the issue of environmental protection to the economy to achieve sustainable development,” she said.

“We do not accept that they come and tell us to give up the influence we have,” added the Senegalese minister.

Teresa H. Sadler