By Invitation | COP27

Pieter Pauw on how rich countries should approach “loss and damage” finance

The climate-finance expert says clear definitions will be critically important

THE DEATH and destruction that result from the climate crisis disproportionally affect the world’s poorest countries and people. Yet they have contributed the least to global greenhouse gas emissions. Climate change is already happening faster than many communities around the world can adapt to its effects, according to the Intergovernmental Panel on Climate Change. That is with a mere 1.1°C of global warming—and we’re heading for 2.8°C.

This article appeared in the By Invitation section of the print edition under the headline “Pieter Pauw on how rich countries should approach “loss and damage” finance”

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