Top Posts
UN climate change director calls for urgent action...
Environmental activist dismisses CoP meetings on climate change...
Trump administration says it won’t publish major climate...
Climate change: Stakeholders demand action on land use,...
Report: Climate change threatening global data centres
IMF warns climate change may deepen Nigeria’s debt...
Report: Death toll of European Heatwave 3 times...
Drille, others to perform at Abuja climate change...
Nigeria rules out nuclear weapons pursuit, says focus...
Japanese Island evacuates residents after relentless earthquake
EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World
World

Loss and damage committee to resume talks following Asian nominations

by Segun Ogunlade March 20, 2023
written by Segun Ogunlade March 20, 2023
490

Regional tensions have been overcome by countries in Asia and they are now ready to appoint members to the UN committee due to work out details of a fund for climate victims.

It means every position on the committee on loss and damage has now been filled before its inaugural meeting scheduled to hold in Luxor, Egypt, on 27-29 March.

Countries agreed to set up a fund dedicated to help vulnerable countries address climate-related losses and damages at the Cop27 climate talks. However, major specifics on the breakthrough deal such as how the fund will operate, who will pay, who will benefit and how it will be governed remain to be worked out.

To do so, countries agreed to appoint a 24-member committee which carefully reflects geographies and groupings of countries based on wealth, to make recommendations ahead of the next round of UN climate talks in the UAE.

Read also: UN science report to provide stark climate warning

The make-up of the committee includes 10 members from developed countries and 14 from developing nations.

Sources told reporters that competition between Asian countries was responsible for the Asia-Pacific’s delay in nominating the three members that would represent the bloc at the committee.

“It’s a fractious region,” a committee member from a different grouping told reporters. “Everyone hates each other. They have almost each had a war with the other and border skirmishes.”

To resolve the issue, the group appointed representatives from six countries to share attendance to three planned meetings this year. India, the Philippines and Saudi Arabia will share one seat, while China, South Korea and Pakistan will share the other.

Story was adapted from CHN.

Asia PacificClimate finance
0 comment 0 FacebookTwitterPinterestEmail
admineconai

previous post
UN science report to provide stark climate warning
next post
Climate Change: Couple ready for Pole-to-Pole electric car challenge

Related Posts

UN climate change director calls for urgent action...

July 18, 2025

Environmental activist dismisses CoP meetings on climate change...

July 18, 2025

Trump administration says it won’t publish major climate...

July 18, 2025

Report: Climate change threatening global data centres

July 14, 2025

Report: Death toll of European Heatwave 3 times...

July 9, 2025

Japanese Island evacuates residents after relentless earthquake

July 7, 2025

5.2 Magnitude Earthquake Shakes Costa Rica’s Pacific Coast

July 7, 2025

Trump shuts down U.S. website on climate change

July 7, 2025

Report: Absa’s Mauritius Unit to Nearly Quadruple Green...

June 30, 2025

Report: Heatwave in southern Europe pushes temperatures above...

June 30, 2025

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

  • Facebook
  • Twitter
  • Instagram
  • Linkedin
  • Bloglovin
  • Vimeo

@2021 - All Right Reserved. Designed and Developed by Eco-Nai+

EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World