cop27
By Nikhil Ghanekar Following days of intense negotiations, nearly 200 countries agreed on the creation of a new global 'loss and damage' fund for vulnerable countries facing devastation from extreme weather events triggered by climate change. The creation of the new fund was considered a silver lining at the conclusion of the annual 2022 United Nations Climate Change Conference (COP27), even though little progress was made on the other big agenda of cutting carbon emissions that contribute the most to climate change. While the decision to create this new fund was celebrated, much of the spadew...
BOOM Live
By BOOM Team In the ongoing UN climate change conference in Egypt's Sharm el-Sheikh, India has said that no sector, fuel source, or gas should be singled out for action in the fight against climate change. India's environment minister Bhupender Yadav said the goals to control emissions for the next three decades have been the "dominant narrative that developed countries have sought to establish." "Unfortunately, promises, either for 2030 or 2050, have been the dominant narrative that developed countries have sought to establish," Yadav said adding that at this year's COP, issues of relevance t...
BOOM Live
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