Highly polluting emerging economies including China and India should pay into a climate compensation fund to help countries rebuild after climate change-driven disasters, the prime minister of island nation Antigua and Barbuda said on Tuesday.
The comments marked the first time the two nations have been lumped into the list of major emitters that island states say should be held to account for damage already being wrought by global warming.
In U.N. climate talks, the phrase "loss and damage" refers to costs already being incurred from climate-fuelled weather extremes or impacts, like rising sea levels. India, though a top emitter, has per capita emissions that are significantly lower than the world average.Egypt's lead climate negotiator Mohamed Nasr told Reuters that the goal for the COP27 negotiations was to get some clarity on the way forward for loss and damage, but that there was still a wide range of views.
"We'll be looking at the different options. Is it a facility? Is it a new fund? Is it the existing funds? I mean there are a lot of options," he said. "What we heard from many countries is that they want to keep their options open."
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