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Sunday, December 4, 2022

The climate conference a success? This development expert says yes

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A historic decision was made on the last day of the climate conference: Developing countries should receive money from the industrialized countries for climate damage and losses. Sabine Minninger, climate expert at Bread for the World, explains exactly what that means.

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Was this year’s climate conference a success?
I would say so. The climate conference was a victory for the poorest and most vulnerable countries. They made sure that a fund should finally be set up from which they would be compensated if they suffered losses as a result of climate change. But to achieve that, a few bucks had to be swallowed. At the climate conference, one topic is never negotiated alone, everything is used as a bargaining chip. So there is now a commitment for this fund, but no ambition for climate protection itself.

Source: Stern

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