China, India Face Peer Pressure to Help Fund Loss and Damage
- Poor nations widen pool of potential climate damage funders
- Countries divided over how loss and damage should work
Barges travel past the Wangting Power Plant in Wangting, Jiangsu province, China
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China and India, two of the world’s three biggest emitters of greenhouse gases, are under increasing pressure from developing nations to commit that they will contribute to a facility aimed at compensating the world’s poorest nations for climate-related disasters.
Mauritius, Jamaica and Ghana are among developing countries that want the pool of potential funders for the loss and damage facility that’s being discussed at the COP27 climate summit in Egypt to be widened beyond the Western industrialized nations that have traditionally been held responsible for global warming.