Rich countries must urgently help poor nations hit by climate crisis, says V20
(The Guardian, 17 Oct 2022) Twenty countries facing worst impact of global heating set out proposals for loss and damage payments.
Rich countries must urgently develop a plan to assist countries suffering the ravages of extreme weather, as failure to take early action on the climate crisis has left them increasingly vulnerable, developing nations have said.
The V20 – made up of the 20 vulnerable countries facing the worst impacts of the climate crisis, and least able to cope with them – set out its proposals on Monday for how rich countries should pay for the “loss and damage” caused by the climate crisis.
Its demands are likely to be a key issue at the Cop27 UN climate summit, which starts in Egypt on 6 November. Loss and damage refers to the most disastrous impacts of climate breakdown, such as hurricanes or severe floods like those that recently hit Pakistan.
Shauna Aminath, the minister of environment for the Maldives, told the Guardian it was the failure of the world’s richest nations to help poor countries build their resilience to extreme weather, for instance through constructing seawalls or preserving natural flood barriers, that had forced them to address loss and damage.