Top Posts
FG says desertification has disrupted livelihoods of over...
UN agency says deadly floods show need for...
NOA sensitises on climate change impact
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...
EcoNai Newsroom
  • Newsround
  • Nigeria
  • Africa
  • World
World

Williams calls on rich countries, individuals to contribute to climate fund

by By Matthew Eloyi November 28, 2022
written by By Matthew Eloyi November 28, 2022
552

Former Canterbury archbishop Rowan Williams has asked wealthy nations and individuals to raise the funds required to support impoverished countries affected by climate disasters.

It will be recalled that the first steps toward establishing a “loss and damage” fund for vulnerable nations hit by extreme weather were agreed upon during the just concluded Cop27 UN climate summit in Egypt.

Although Williams acknowledged the accomplishment, he noted that the “much harder” process of replenishing the fund has yet to start, adding that the richest people in the world—often referred to as the “polluting elite” because of the massive amounts of greenhouse gases they produce through their extravagant lifestyles—must take on a greater share of the burden of helping those most affected by climate change.

Read also: Philippine VP backs reforestation efforts

According to him, less advantaged people in wealthy nations shouldn’t be made to bear an increased burden during a period of high energy prices.

Williams suggested that one method to raise the money required for a loss and damage fund is through a windfall tax on oil and gas companies.

He however pointed out the failure of Cop27 to achieve a fossil fuel phase-out accord and expressed concern about the summit’s influence on fossil fuel companies, calling on governments to consider excluding them from future meetings.

Story was adapted from the Guardian.

Climate changeContributionFundWilliams
0 comment 0 FacebookTwitterPinterestEmail
admineconai

previous post
Philippine VP backs reforestation efforts
next post
Namibia expresses happiness over COP27 outcomes

Related Posts

UN agency says deadly floods show need for...

July 22, 2025

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

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