Money talks: why climate finance at Cop27 is key to beating global heating

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Funding urgently needed to cope with climate disasters – and to prevent distrust crashing UN negotiations

, who will chair the Least Developed Countries group of 46 nations at Cop27, said: “We can no longer afford to have a Cop that is ‘all talk’.”

“Loss and damage is the greatest injustice for our generation,” said the Rwandan youth campaigner Grace Ineza, a co-founder of the. “Our generation did not cause climate change, but we are the ones who are going to be left with the huge impact of it.” Such loss of trust has serious real-world ramifications, according to the climate finance expert Kate Levick, at the E3G thinktank. The big greenhouse gas emissions of the future will come from the major emerging economies, such as India, Indonesia, Brazil and China, unless they take bold action that is supported by their populations, she said. “To do that, they have to feel they have the real support of the richer countries and that there will be funds to help them.

 

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A beautiful song: Give Me The Word, by Royalston & Hannah Joy. Money talks, wind doesn't.

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