Climate justice at home
kathmandupost.com · Thu Nov 17 00:15:00 GMT 2022
Dozer owners are altering our landscape in the name of land development for housing or road connectivity.
Loss and damage funding is finally an agenda item of the Conference of Parties (COP) negotiations this year, 30 years after the idea was first introduced. The funding refers to finance aimed at addressing unavoidable climate change catastrophes that developing countries are particularly vulnerable to—a move designed to make polluters pay for the damage they caused. Much work still needs to be done in terms of mechanisms and criteria to determine what qualifies as climate-induced disasters and how much compensation needs to be allotted. It’s one part of the climate change negotiations at the COP 27 meeting. The other part is more contentious and, therefore, a harder nut to crack—drastic cuts in emission within a short period of time to achieve the 1.5 degrees Celsius goal set by the Paris Agreement.
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