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COP27: Polluters Must Pay for Climate Change, Poor Nations Tell Rich

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  • 10 Nov 2022
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COP27: Polluters Must Pay for Climate Change, Poor Nations Tell Rich

Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that they pay up for damages being inflicted on their economies. Small island states already buffeted by increasingly violent ocean storms and sea-level rise called on oil companies to shell out some of their huge recent profits, while developing African states called for more international funds for adaptation. Wealthy western countries tend to be the most vocal advocates of slashing emissions but are also the ones that have contributed the most greenhouse gases after more than a century of fossil fuel-driven industrialization.

Source: Reutersr