Crunch time for UN climate talks as Friday deadline looms - Danbury News Times

EU clime main Frans Timmermans said Friday that the bloc's connection connected backing for nonaccomplishment and harm and mitigation is “a last offer” that seeks to “find a compromise” betwixt nations arsenic negotiators question a mode guardant astatine the United Nations clime talks successful Egypt.

In clime negotiations, nonaccomplishment and harm refers to the thought that affluent nations, which person historically done the astir to lend to clime change, should compensate processing countries astir impacted. Mitigation refers to efforts to dilatory planetary warming, similar drastically reducing emissions of greenhouse gases.

Timmermans said helium was “encouraged” by contiguous absorption to the connection and much engagement was expected.

“This is astir not having a nonaccomplishment here,” said Timmermans. “We we cannot spend to person a failure. Now, if our steps guardant are not reciprocated, past evidently determination volition beryllium a failure. But I hope, I hope, we tin debar that.”

The connection from the 27-nation EU offers a two-pronged attack that would make a cookware of wealth for mediocre countries and propulsion for steeper cuts of heat-trapping emissions by each countries, arsenic good arsenic the phasing down of each fossil fuels, including earthy state and oil.

Loss and harm has go a flashpoint astatine the COP27 clime talks that started 2 weeks ago. Poorer countries bearing the brunt of clime change, from rising oversea levels to utmost flooding, person been stepping up the urgency, accusing richer polluters that person contributed the astir to Earth-warming greenhouse state emissions of stalling. They importune that they cannot hold different twelvemonth for the instauration of a money to wage compensation.

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Olivia Zhang contributed to this report.