The Fort Worth Press - Developing countries left 'disappointed' at climate talks

USD -
AED 3.673042
AFN 65.503991
ALL 82.250403
AMD 381.770403
ANG 1.790403
AOA 917.000367
ARS 1440.198104
AUD 1.502404
AWG 1.8
AZN 1.70397
BAM 1.668223
BBD 2.014603
BDT 122.238002
BGN 1.66581
BHD 0.375335
BIF 2965
BMD 1
BND 1.291806
BOB 6.911523
BRL 5.419704
BSD 1.000264
BTN 90.4571
BWP 13.253269
BYN 2.948763
BYR 19600
BZD 2.011703
CAD 1.37805
CDF 2240.000362
CHF 0.795992
CLF 0.023203
CLP 910.250396
CNY 7.054504
CNH 7.05355
COP 3803.5
CRC 500.345448
CUC 1
CUP 26.5
CVE 94.27504
CZK 20.669104
DJF 177.720393
DKK 6.361804
DOP 63.850393
DZD 129.69404
EGP 47.313439
ERN 15
ETB 155.22504
EUR 0.851404
FJD 2.26525
FKP 0.749181
GBP 0.747831
GEL 2.703861
GGP 0.749181
GHS 11.48504
GIP 0.749181
GMD 73.000355
GNF 8691.000355
GTQ 7.661306
GYD 209.264835
HKD 7.77985
HNL 26.203838
HRK 6.417704
HTG 131.108249
HUF 327.990388
IDR 16633.75
ILS 3.222795
IMP 0.749181
INR 90.552404
IQD 1310
IRR 42122.503816
ISK 126.403814
JEP 0.749181
JMD 160.152168
JOD 0.70904
JPY 155.75604
KES 128.903801
KGS 87.450384
KHR 4006.00035
KMF 419.503794
KPW 899.985916
KRW 1474.980383
KWD 0.306704
KYD 0.833596
KZT 521.66941
LAK 21680.000349
LBP 89550.000349
LKR 309.078037
LRD 177.025039
LSL 16.880381
LTL 2.95274
LVL 0.60489
LYD 5.420381
MAD 9.19125
MDL 16.909049
MGA 4510.000347
MKD 52.398791
MMK 2099.89073
MNT 3548.272408
MOP 8.020795
MRU 39.740379
MUR 45.903741
MVR 15.403739
MWK 1736.503736
MXN 18.014404
MYR 4.097304
MZN 63.910377
NAD 16.880377
NGN 1452.570377
NIO 36.775039
NOK 10.137304
NPR 144.731702
NZD 1.72295
OMR 0.382805
PAB 1.000264
PEN 3.603708
PGK 4.259204
PHP 59.115038
PKR 280.225038
PLN 3.59745
PYG 6718.782652
QAR 3.641104
RON 4.335904
RSD 99.975303
RUB 79.673577
RWF 1451
SAR 3.75231
SBD 8.176752
SCR 14.958069
SDG 601.503676
SEK 9.269904
SGD 1.292038
SHP 0.750259
SLE 24.125038
SLL 20969.503664
SOS 571.503662
SRD 38.548038
STD 20697.981008
STN 21.25
SVC 8.752207
SYP 11057.088706
SZL 16.880369
THB 31.520369
TJS 9.192334
TMT 3.51
TND 2.916038
TOP 2.40776
TRY 42.696104
TTD 6.787844
TWD 31.335104
TZS 2470.000335
UAH 42.263496
UGX 3555.146134
UYU 39.25315
UZS 12002.503617
VES 267.43975
VND 26306
VUV 121.393357
WST 2.775465
XAF 559.50409
XAG 0.016138
XAU 0.000232
XCD 2.70255
XCG 1.802728
XDR 0.695185
XOF 558.000332
XPF 102.075037
YER 238.503589
ZAR 16.875405
ZMK 9001.203584
ZMW 23.081057
ZWL 321.999592
  • RBGPF

    0.0000

    81.17

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • NGG

    0.2400

    74.93

    +0.32%

  • GSK

    -0.0700

    48.81

    -0.14%

  • BTI

    -1.2700

    57.1

    -2.22%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • RELX

    0.1000

    40.38

    +0.25%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • AZN

    -0.4600

    89.83

    -0.51%

  • CMSC

    -0.1300

    23.3

    -0.56%

  • RIO

    -1.0800

    75.66

    -1.43%

  • BCC

    0.2500

    76.51

    +0.33%

  • JRI

    -0.0200

    13.7

    -0.15%

  • VOD

    0.0500

    12.59

    +0.4%

  • BP

    -0.2700

    35.26

    -0.77%

  • BCE

    0.3100

    23.71

    +1.31%

Developing countries left 'disappointed' at climate talks
Developing countries left 'disappointed' at climate talks / Photo: © AFP/File

Developing countries left 'disappointed' at climate talks

Developing countries voiced "disappointment" as climate talks in Germany ended Thursday with frustrations flaring over a lack of momentum on helping vulnerable nations cope with the impacts of warming.

Text size:

With world attention drawn towards other challenges, notably Russia's invasion of Ukraine and spiralling food, energy and economic crises, the technical discussions meant to lay the groundwork for key United Nations negotiations later this year were mired in disagreements.

Representatives of nearly 200 countries arrived in the city of Bonn buoyed by the ambition displayed six months ago during the UN COP26 negotiations in Glasgow, where countries rallied around the urgent threat of climate change.

"After that sense of emergency had been established, probably the expectations were very high," said Preety Bhandari, senior climate adviser at the World Resources Institute.

But the meeting produced little tangible progress, even on the emissions-cutting ambitions that countries have agreed are needed to meet the Paris agreement goal of limiting warming to preferably 1.5 degrees Celsius.

Finance is an ongoing sore point, with a promise of $100 billion a year from 2020 to help developing countries adapt to a warming world still not met.

Another flashpoint at the talks has been the slow pace of work on "loss and damage", the accelerating onslaught of impacts already being felt by vulnerable countries, like floods, heatwaves and storms.

Developing nations want a specific funding "facility" to help poor countries least responsible for climate change to cope with its impacts.

But that call has been rejected by wealthy nations, particularly the European Union and United States, who have said funding can be channelled through a network of existing humanitarian, development and climate organisations.

As the Bonn talks wrapped up, developing countries lined up to convey their displeasure at the slow progress on loss and damage, which is now being dealt with as a rolling "dialogue" that will end in 2024 with no clear outcome emerging.

They want the issue to be on the agenda at the COP27 meeting in Sharm el-Sheik in November.

Pakistan's representative, speaking on behalf of the G77 and China major developing countries, said the group was "dissatisfied", while Zambia, speaking on behalf of Africa, said they were "concerned by the lack of progress".

"We are disappointed by the lack of substantive progress," said the representative of Antigua and Barbados speaking on behalf of the Alliance of Small Island States (AOSIS).

He said countries were still waiting for assurances that "the finance we need now will be delivered at speed, or any time by 2025".

- 'Hypocritical' -

Wealthy nations are concerned about any suggestion of legal liability that would put them on the hook for billions, if not trillions.

The European Union told delegates it had "engaged constructively" and promised to continue.

But campaigners say the current system puts the economic burden on the shoulders of the most vulnerable.

Harjeet Singh, Senior Climate Impacts Adviser, at Climate Action Network International said the EU "consistently blocked" discussions around finance for loss and damage and accused the bloc of having a "hypocritical stance".

"If the EU wants to step up as a climate champion it needs to align with the most vulnerable in their fight for justice," he said.

Bhandari said work on cutting emissions could stall if countries do not give more weight to both adaptation and mitigation, adding that it would be up to political leaders to reignite the momentum in the run up to the UN meeting in Egypt.

Nearly 1.2 degrees Celsius of warming since the mid-nineteenth century has been enough to unleash a torrent of disasters across the planet.

Alden Meyer, senior associate at E3G, said it has reached "boiling point" as impacts mount, adding that countries can also see the billions that the US and EU are mobilising for the Ukraine conflict.

"It's not a matter of the money's not there. It's a matter of priorities," he told AFP.

"And if you're saying climate is an existential crisis, and yet you're treating other things as much more important in terms of where you're putting your money, that doesn't go unnoticed."

H.Carroll--TFWP