Citation box: Reaction to the UN climate agreement and disaster fund
SHARM EL-SHEIKH, Egypt – Harjeet Singh of environmental group Climate Action Network International said the new fund had effectively “sent a wake-up call to polluters that they can no longer remain unscathed from their climate destruction.”
“Now they will have to pay for the damage they cause and be held accountable to the people who face super-powerful storms, devastating floods and rising seas,” he said.
“In a historic breakthrough, rich countries have finally agreed to set up a fund to help vulnerable countries reeling from devastating climate damage,” said Ani Dasgupta, president of environmental think tank World Resources Institute.
“This Loss and Damage Fund will be a lifeline for poor families whose homes are destroyed, farmers whose fields are destroyed and islanders driven from their ancestral homes,” he said. “This positive outcome from COP27 is an important step towards rebuilding trust with vulnerable countries.”
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