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At the upcoming UN climate summit in Egypt, the chairman of an influential negotiating group called for compensating poorer countries suffering from climate change to be high on the agenda.
Madeleine Diouf Sarr, chair of the Least Developed Countries Group (LDC), told The Associated Press that the November meeting — known as Cop27 — should “capture the voices and needs, and achieve climate justice”.
Ms Saar said the group would like to see “an agreement to create a dedicated financial institution” to pay for countries already facing the effects of climate change at the summit.
The Least Developed Countries Group, a group of 46 countries that account for only a fraction of global emissions, negotiated as a group at a UN summit to defend the interests of developing countries.
Issues such as who pays for the transition to clean energy in poorer countries, ensuring no communities are left behind in the energy transition and improving the resilience of vulnerable groups to climate change have long been on the EU agenda.
According to the International Renewable Energy Agency, developing countries still face serious challenges in accessing clean energy financing, with Africa attracting only 2% of total clean energy investment over the past 20 years.
The United Nations meteorological agency recently estimated that the global supply of clean energy must double by 2030 to limit global warming to established targets.
Ms Saar added that the EU would push for funding to help developing countries adapt to droughts, floods and other climate-related events, and urged developed countries to accelerate plans to reduce emissions.
This group is particularly vulnerable to climate change due to a lack of ability to adapt to extreme conditions, the UN weather agency said.
“We’ve put off climate action for far too long,” Ms Saar said, referring to a pledge of $100bn (£89bn) a year in climate aid to poorer countries a decade ago.
She added: “We can no longer afford ‘talking about’ police officers.”
“The climate crisis has pushed the limits of our adaptation, causing inevitable loss and disruption, and delaying our much-needed development.”
The Cop27 leaders also said that this year’s summit should be about implementing the plans and commitments countries agreed to at previous meetings.
Ms Saar defended the UN conference as “one of the few spaces where our nations come together to hold them accountable for history”, noting that the 2015 Paris conference succeeded in limiting warming to a target of 1.5 degrees Celsius.
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