Candy nothing’s – VoxEurop


After two weeks of troublesome negotiations, COP27 lastly got here to a detailed on 20 November in Sharm el-Sheikh. The overdue remaining settlement, which was signed by the representatives of practically 200 international locations, is a historic step ahead with regard to the query about loss and damages.

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The negotiations have been centred across the financing of such a fund by wealthier international locations to compensate for the “loss and damages” suffered by poorer international locations as the largest victims of local weather change. The institution of a fund in favour of poorer international locations, which will probably be financed by rich international locations and applied by 2023, was broadly welcomed.

Nonetheless, a COP just isn’t a COP with out a little bit of disappointment. The settlement was criticised for not being bold sufficient with regard to the abandonment of fossil fuels. Others bemoaned the lack of cooperation from massive polluting international locations, Egypt’s behaviour through the two-week convention, in addition to the dearth of participation allowed from civil society.

:point_right: Examine our investigation on the greenwashing of Michelin’s inexperienced bonds: First half. Second half. Third half.


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