a first “historic” agreement at the opening of the climate conference in Dubai

by time news

2023-11-30 14:32:17

In 2022, Pakistan was ravaged by record floods that left nearly a third of the territory underwater, devastating vast swaths of agricultural land and leaving tens of millions homeless. ABDUL MAJEED / AFP

To everyone’s surprise, the presidency of the COP successfully passed a decision on one of the most contentious subjects, compensation for the countries most vulnerable to climate disasters for the losses they have already suffered.

“We made history today… The speed with which we did it is unprecedented, phenomenal and historic.” From the opening of the 28th international climate conference in Dubai this Thursday, the presidency of COP28 marked the occasion by advancing one of the most thorny issues of the conference: the question of “Loss and Damage”, in other words the financial compensation that could be paid to poor countries already victims of the consequences of global warming.

Climate negotiations generally focus on two issues: how to mitigate global warming (by reducing greenhouse gas emissions) and how to adapt to its already very real impacts, such as rising sea levels or repeated droughts. But its consequences can sometimes no longer be avoided: for example, whatever the evolution of emissions, most of the Maldives islands will already have disappeared in 2050. And according to a study…

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