COP27: Time to pay the climate bill - vulnerable nations

Leaders of countries flooded oregon parched owed to clime alteration are pleading astatine the COP27 acme for an urgent fiscal lifeline from richer nations.

"We volition not springiness up... the alternate consigns america to a watery grave," Bahamas Prime Minister Philip Davies said.

Countries are gathering successful Sharm el-Sheikh, Egypt to sermon adjacent steps successful curbing clime change.

Front enactment nations privation a peculiar compensation money for the clime impacts they cannot retrieve from.

"I'm not present to inquire immoderate of you to emotion the radical of my state with the aforesaid passionateness arsenic I do," Mr Davies told leaders.

"I'm asking what is it worthy to you to person millions of clime refugees to crook into tens of millions, putting unit connected governmental and economical systems astir the world," helium said.

As a low-lying nation, the Bahamas is peculiarly susceptible to sea-level emergence and tempest damage.

He urged nations to "get real", saying that acting connected clime alteration is successful everyone's self-interest.

Referring to the trans-Atlantic enslaved commercialized that saw European countries bargain and transport African radical to the Caribbean against their will, Mr Davies said: "We are children of survivors of that man-made tragedy. We person a work to combat for endurance arsenic they fought truthful desperately for theirs."

Leaders of African nations besides called for support. Ghana President Nana Akufo-Addo said the continent needs wealth to accommodate to clime change. "No-one volition triumph if Africa loses," helium said.

And Namibian President Hage Geingob called developed countries "criminal" for their relation arsenic the biggest humanities emitters of greenhouse gases (those gases that lukewarm our atmosphere).

Nations precise susceptible to clime alteration are agreed successful their calls astatine the acme for richer countries to wage the measure for the harm caused by oversea level rise, drought and utmost storms.

They accidental developed nations beryllium this wealth due to the fact that they became affluent disconnected decades of utilizing fossil fuels.

By opposition galore little developed countries, peculiarly the tiny land nations astir astatine risk, person contributed virtually thing to full emissions.

Richer nations person historically avoided the question of compensation oregon reparations, but the contented - referred to arsenic "loss and damage" - was enactment connected the COP docket this twelvemonth for the archetypal clip since the summits began 30 years ago.

The Alliance of Small Island States (AOSIS), a radical of low-lying countries, suggested that fossil substance companies "could transportation a information of their burden" by paying a taxation connected profits.

"We each cognize they marque extortionate profits," Prime Minister of Antigua and Barbuda Gaston Browne told journalists astatine COP.

Countries including China and India should assistance lend to the fund, helium said, but added that AOSIS volition not propulsion for retrospective cash.

The Pacific land nations of Tuvalu and Vanuatu called for a pact to extremity the usage of fossil fuels.

"The clime exigency tin beryllium reduced to 2 basal concepts - clip and temperature. It's getting excessively blistery and determination is hardly clip to dilatory and reverse it," Tuvalu Prime Minister Kausea Natano said.

And speaking weeks aft floods devastated Pakistan, sidesplitting much than 1,700 people, Prime Minister Shehbaz Sharif said countries are "trapped successful a situation of nationalist financing fuelled by indebtedness and yet person to money clime disasters connected their own. This is simply unjust and unfair to accidental the least."

President of the European Commission Ursula Von Der Leyen acknowledged that richer nations should bash their part, telling COP27: "Those astir successful need, successful the processing world, indispensable beryllium supported successful adapting to a harsher clime [...] COP indispensable marque advancement connected averting, minimising and addressing nonaccomplishment and harm from clime change."

It is the 3rd time of the COP summit, which is focussed connected implementing ambitious promises made astatine COP26 successful Glasgow past year.

Away from the negotiations, the sister of jailed Egyptian-British pro-democracy activistic Alaa Abdel Fattah said she does not cognize if helium is live arsenic the UN called for his contiguous release.

On Monday leaders of richer nations said countries should enactment the people successful tackling clime alteration contempt the warfare successful Ukraine and planetary vigor shocks.

UK Prime Minister Rishi Sunak said it is simply a crushed to enactment faster, promising to make cleanable vigor that would bring vigor security.

In a reminder of the information the satellite faces, UN Secretary General Antonio Guterres told the acme "we are connected a road to clime hellhole with our ft connected the accelerator".

Additional reporting by Esme Stallard and Peter Okwoche.

The COP27 planetary clime acme successful Egypt is seen arsenic important if clime alteration is to beryllium brought nether control. More than 200 countries are attending the acme to sermon further measures to chopped emissions and hole for clime change, and it could pb to large changes to our mundane lives.