Sign up for newsletter     November 14, 2022   A daily digest by CSE / Down to Earth on developments at the UNFCCC COP 27 summit in Sharm-El-Sheikh, Egypt from a Global South perspective. Access our extensive coverage on climate. You can find this newsletter on the web here.

Dear readers, Finance for loss and damage dominated discussions on day eight of COP27 climate talks. US climate envoy John Kerry spoke about the loss and damage finance facility. He said there was still no clear definition until now. Therefore, not many countries, including the US, agree on a commitment until there is a clear definition of how funding should be done. There are also a bunch of countries that have been burning coal for the past 70-80 years. How does one account for that? Overall we are totally supportive of the issue of addressing loss and damage. We got the item on loss and damage into the official COP agenda, he said. “The US position on the new loss and damage facility is clear. We will not support any facility that has an inbuilt legal structure on liability. But we are ready to deal with the issue of loss and damage and are discussing alternative financing options for such a facility,” Kerry said ... Continue Reading       CLIMATE NEWS | SCIENCE| IMPACTS| POLITICS         COP27 diary (November 12): ‘US won’t support legal structures for loss and damage liabilities’, 14 November 2022 A round-up of what went on at the Sharm El-Sheikh summit         COP27: Kenya’s ambitious hydrogen deal & plan to help Africa exploit green energy, 14 November 2022 The multiplier effect of the hydrogen deal will include job creation and boost food security through its fertiliser production         COP27: Africa desperately needs a ‘loss and damage’ finance facility; here is why, 14 November 2022 The continent has limited socio-economic capacity and is ill-prepared to adequately respond to climatic disasters, build resilience and adapt accordingly         ‘Explosion’ in number of fossil fuel lobbyists at COP27 climate summit, 14 November 2022 There are 636 lobbyists from the oil and gas industries registered to attend the UN event in Sharm el-Sheikh, Egypt         COP27: Let us not reinvent the wheel to finance loss and damage, 13 November 2022 While delegates in Sharm El-Sheikh debate the specifics of loss and damage finance, it would be well to remember to balance ambition and justice with pragmatism         Down To Earth   Gobar Times                   Report   COP27

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