“We have all fallen short in actions to avoid and minimize loss and damage,” Timmermans stated. “We should have done much more.”
The deal “responded to the voices of the vulnerable, the damaged and the lost of the whole world by establishing a fund for the lost and the damaged,” stated Pakistan atmosphere minister Sherry Rehman, talking for a coalition of the world’s poorest nations.
“We have struggled for 30 years on this path. And today, in Sharm el-Sheikh, this journey has achieved its first positive milestone. The establishment of a fund is not about dispensing charity. It is clearly a down payment on the longer investment in our joint futures.”
“It wasn’t easy at all,” stated U.N. Local weather Chief Simon Stiell. “We worked around the clock. But this outcome does move us forward” and he stated it for the primary time addresses “the impacts on communities whose lives and livelihoods have been ruined by the very worst impacts of climate change.”
The deal will assist “save our planet from the threat of climate change and turn this climate challenge into an opportunity for growth and development in a just, equitable, inclusive and balanced manner,” stated the summit president Sameh Shoukry, the Egyptian international minister.
“I’m proud I got to be here to witness this happen and contribute in a small way,” stated Kathy Jetnil-Kijiner, Local weather Envoy of the Marshall Islands. “Worn out but so worth it to protect already disappearing islets, shorelines and culture. So many people all this week told us we wouldn’t get it. So glad they were wrong.”
However she added: “I wish we got fossil fuel phase out. The current text is not enough. But we’ve shown with the loss and damage fund that we can do the impossible. So we know we can come back next year and get rid of fossil fuels once and for all.”
Martin Kaiser, the top of Greenpeace Germany, described the settlement on loss and harm as a “small plaster on a huge, gaping wound.”
“It’s a scandal that the Egyptian COP presidency gave petrostates such as Saudi Arabia space to torpedo effective climate protection. They have prevented a clear decision on the urgently needed phaseout of coal, oil and gas,” he stated, including that the assembly “carelessly risks adherence to the 1.5-degree limit.”
Harjeet Singh of the environmental group Local weather Motion Community Worldwide stated the brand new fund had successfully “sent a warning shot to polluters that they can no longer go scot-free with their climate destruction.”
“From now on, they will have to pay up for the damages they cause and are accountable to the people who are facing supercharged storms, devastating floods and rising seas,” he stated.
“In a historic breakthrough, wealthy nations have finally agreed to create a fund to aid vulnerable countries that are reeling from devastating climate damages,” stated Ani Dasgupta, president of the environmental assume tank World Assets Institute.
“This loss and damage fund will be a lifeline for poor families whose houses are destroyed, farmers whose fields are ruined, and islanders forced from their ancestral homes,” he stated. “This positive outcome from COP27 is an important step toward rebuilding trust with vulnerable countries.”
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