Reuters: COP27 to be a Battle Over Climate Change Compensation

Essay by Eric Worrall

Developing countries are growing increasingly frustrated that rich countries have failed to contribute to Dear Leader’s ESG Mercedes Benz fund.

Climate change compensation fight brews ahead of COP27 summit

By Kate Abnett

BRUSSELS, Aug 8 (Reuters) – Tensions are mounting ahead of this year’s U.N. climate summit, as vulnerable countries ramp up demands for rich countries to pay compensation for losses inflicted on the world’s poorest people by climate change.

When diplomats from nearly 200 countries meet on Nov. 7 in the beachside resort town of Sharm El Sheikh, Egypt, negotiations will tackle how to cut the CO2 emissions causing climate change and cope with existing climate impacts, including deadly heatwaves, wildfires, rising seas and drought.

But another issue is likely to dominate the talks: “loss and damage,” or climate-related destruction to homes, infrastructure and livelihoods in the poorest countries that have contributed least to global warming.

As COP27 approaches, climate losses are surging – in rich and poor countries alike. In recent weeks, wildfires have swallowed huge swathes of land in Morocco, Greece and Canada, drought has ravaged Italy’s vineyards, and fatal floods hit Gambia and China. read more 

Wealthy countries also failed to deliver a promise for $100 billion a year by 2020 to help poor countries lower emissions and prepare for climate change. read more Loss and damage payments would be in addition to that $100 billion.

Read more: https://www.reuters.com/business/environment/climate-change-compensation-fight-brews-ahead-cop27-summit-2022-08-08/

You have to see it from the point of view of poor country delegates.

Former Iraqi dictator Saddam Hussein’s son Uday famously used to torture sports stars if they failed to return with gold, when they participated in high profile international tournaments.

I’m not sure what the punishment is for failing to return from a COP conference with a suitcase full of cash, but with all that promised cash still failing to flow, being a COP delegate for some of the world’s more excitable national leaders doesn’t seem like a job with good long term survival prospects.

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Tom Halla
August 8, 2022 10:04 am

A conference dominated by WaBenzi?

Bryan A
Reply to  Tom Halla
August 8, 2022 1:14 pm

Payments will be made to any country that doesn’t contribute to the Marxist viewed negative load to atmospheric gasses. Countries that DO contribute and desire climate graft payments are only exacerbating their own issues and clearly don’t care for anything but the money.

WR2
August 8, 2022 10:04 am

They are on their 27th government funded boondoggle, and it hasn’t occurred to any of them that perhaps after 27 shrill cries of “this is our last chance to act”, that perhaps things aren’t as dire as they thought? Humanity is screwed, these charlatans and true believers will never give up their money or religion. I don’t see how this ever ends.

Richard Page
Reply to  WR2
August 8, 2022 12:15 pm

This has never been about climate change – the only way to get disinterested countries to sign on for the climate crap was to bribe them. The whole point of the ‘green climate fund’ was to bribe these countries; that it backfired and, instead of useless technology transfers, they have demanded more and more cash upfront is only to be expected, unless you were one of the green moronic organisers. The only reason these countries are still onboard is because they smell blood in the water and think there’s still a chance to get their big payday – which they might, at least in part, if the richer countries can no longer continue without paying the bribes. Our best hope is that the richer countries stick to the technology transfer idea, which nobody wants, and the poorer countries wake up to the fact they’re not going to get what was promised: at that point it’s likely to implode.

Bill Toland
Reply to  Richard Page
August 8, 2022 12:47 pm

Third world despots see a chance to enrich themselves. The problem is that anybody with a brain in the developed world know that anything they give will not be spent on “fighting climate change”. However, some of our leaders in the developed world are so stupid that they might actually pay up; some of them might actually fall for the threat of “pay up or the planet gets it”.

Bryan A
Reply to  Bill Toland
August 8, 2022 1:23 pm

Obummer proved that.

Pat from kerbob
Reply to  Bill Toland
August 8, 2022 7:58 pm

Congrats Bill, you just described Justin Trudeau.
Too stupid to live is his motto

willem Post
Reply to  Pat from kerbob
August 9, 2022 3:49 am

He is on vacation without a mask

BobM
Reply to  Richard Page
August 8, 2022 4:55 pm

Don’t just look at technology transfer, but also the technology transferred already, going back to when those countries were little more than 18th Century outposts.

Nearly everything they have was developed somewhere else, at a cost in emissions they shouldn’t get a free ride on. The “modern society” benefit side of the equation is relatively HUGE to them, bringing them up to speed with mature products and systems in years rather than decades of development and incremental improvements in the modern world.

They probably owe us money, when the cost/benefit of carbon dioxide emissions is applied to them.

Those Pacific Islanders, for example, how many jet aircraft have they ever designed and built, necessary to their current economy. They can’t even build a runway without equipment built elsewhere.

Last edited 1 month ago by BobM
Bryan A
Reply to  WR2
August 8, 2022 1:22 pm

It ends with either the world going to Helena Hand Basket from dissolution of government structure and societal chaos from XR induced hysteria
OR
It ends with the world going to Helena Hand Basket from the onset of the next glaciation despite increasing atmospheric levels of CO2, NO, and CH4

ResourceGuy
August 8, 2022 10:11 am

Make it a direct impact demand taking from social security benefit checks in the U.S. and adding to UK utility bills.

Diogenese
August 8, 2022 10:24 am

The West is rapidly running into a depression , the UK citizens wont/ can’t pay for energy , German food banks are empty , the hot air coming out of the U.N. is not helping at all , disappoint all round as we hit the fourth turning .

Bob Close
Reply to  Diogenese
August 9, 2022 5:04 am

The West is not quite at the stage of desperation due to energy blackouts, green warfare and Green New Deal/ Net Zero activated policies that are financially hurting people enough for them to turn violent and reject their governments and the UN climate scam, but it is getting closer, and the EU and UK are getting edgy. Hopefully they will reject the UN globalist inspired alarmist climate science behind all this decarbonization bullshit, and get back to reality, with cheap dependable non-polluting fossil fuel and nuclear energy to drive modern prosperity through to the next stage of technological evolution for all nations.
We don’t need to go down the UN socialist road to destruction once again, we ha d enough of that last century!

Sweet Old Bob
August 8, 2022 10:38 am

Wish in one hand and …….

Richard Page
Reply to  Sweet Old Bob
August 8, 2022 12:19 pm

It’ll come down to how much leverage these countries have over the negotiations. Saying that they’ll walk away is only good enough if they’re prepared to do it – India and China might be able to, other countries have more to lose by not being in the ‘Paris club’.

Vuk
Reply to  Richard Page
August 8, 2022 1:30 pm

The Pelosi effect (imminent demise of ‘net zero’) secured the China’s no, Russia was there already and India most likely is to follow.
The USA, UK and EU have to move from the ‘net zero’ to an ‘absolute zero’ policy to have any effect.
Thank you Nancy, you achieved more in your Taiwan’s 24 hours than in the whole of your lifelong politicking.

August 8, 2022 10:39 am

Next year, perhaps, it might be about how much – and how – governments (both Western and third world) should re-pay us, the “citizens” they have lied to and robbed on this issue for the last 30 years.

But I’m maybe a bit over-optimistic there. 🙂

Gerry, England
Reply to  Neil Lock
August 9, 2022 3:36 am

The problem there is that governments have no money other than that they thieve from us in taxes.

ResourceGuy
August 8, 2022 10:48 am

Where is my reparations check from green enslavement and co-opting of most institutions and agenda science manipulation? waiting…..

Bryan A
Reply to  ResourceGuy
August 8, 2022 1:26 pm

Sounds like the makings of an excellent Class Action Suit.

LdB
Reply to  ResourceGuy
August 9, 2022 12:25 am

Reparations were voted out in COP25 this is just climate activists trying to give life back to a dead proposal.

Mumbles McGuirck
August 8, 2022 10:50 am

Will the UN cough up a few shekels for the poor people in Kentucky who lost everything in the floods, no doubt caused by “climate change”? I thought not.

Let’s face it, whatever international funds get distributed to these countries affected by bad weather, not a penny will reach those who were actually impacted by the disaster.

Last edited 1 month ago by Mumbles McGuirck
Reply to  Mumbles McGuirck
August 8, 2022 2:21 pm

But Mumbles, many Very Important Presidents [and Foreign Ministers, and Ministers for Stopping the End of the World] were obliged to fly to Glasgow, delightful Glasgow, in November.
How can they not be entitled to at least a fleet of G-Wagens?

Auto, asking for a friend, naturally!

Bob Close
Reply to  Mumbles McGuirck
August 9, 2022 5:14 am

You are correct about the funding, the West will see none of it. But actually no one has proved that modern climate disasters, are in any way human caused, it is all inferred in computer models. Are you actually believing what they are promoting from a supposed position of authority? These people are not actually practicing science, its just computer mumbo jumbo. Garbage in garbage out!

pochas94
August 8, 2022 11:15 am

Climate Change =>> legalized graft and corruption

markl
August 8, 2022 11:27 am

Same story, same ending. Virtue signaling doesn’t require actually doing anything. The elites/globalists are fine with CC until asked to part with their money.

Felix
Reply to  markl
August 8, 2022 11:37 am

There’s a real difference this time — Biden promising the moon and trying to cram it through a lame duck Congress. The entertainment value will be the only result. Any back lash would be welcome, but it won’t be enough to override a Biden veto.

Walter Sobchak
Reply to  markl
August 8, 2022 12:11 pm

They aren’t looking to spend their money. They are planning to spend your money.

Taste the lash base kitchen villein.

Michael in Dublin
August 8, 2022 11:46 am

Groups are deceitfully speaking of a “just transition” from coal to renewables (once the West has forked out $billions)

https://meridianeconomics.co.za/wp-content/uploads/2021/09/2021-09-28_What-is-the-JTT_Final-Report.pdf

This is the same country that a number respected “classical liberals” are now writing scathing reports on and recognize the green folly. South Africa was the leading country in Africa with a strong industrial and mining base and competing with first world countries but now:
It’s easy to tot up the ANC’s failures. Couldn’t run an airline. Or the railways. Or the ports. Or produce reliable electricity. Or clean water. Couldn’t run a civil service, or a police force or mend the roads. But why go on? In sum what the ANC have shown is that they are wholly incapable of running or governing a modern industrialised society so if we want to keep them in power we must do without that sort of society.” (RW Johnson) from Amidst the ruins of ANC rule (Politicsweb)

M Courtney
August 8, 2022 11:50 am

What is the downside for the developing countries in asking for the money?
The worst that can happen is they are refused.

On the other hand they can say to the West that if you aren’t helping the Chinese are offering investment in infrastructure instead. And that lets them play many different games.

Good for them. Why shouldn’t they look after their own interests?

Bryan A
Reply to  M Courtney
August 8, 2022 1:28 pm

Except that will make the remainder of the world beholden to China and the CCP

Editor
Reply to  M Courtney
August 8, 2022 3:06 pm

When the west gives a country money (“foreign aid”), they give money. When Xi Iinping’s China gives money, it is an unrepayable loan. When the loan inevitably fails, China takes all or part of the country. eg. https://www.washingtonexaminer.com/opinion/china-took-over-a-port-in-sri-lanka-so-what

AndyHce
Reply to  Mike Jonas
August 8, 2022 11:20 pm

China learned from the World Bank.

Alasdair
August 8, 2022 11:54 am

The trouble with the UN and its various acolytes is that has no equivalent International Organisation that can call it to order, if required. It is a major fault in the International Constitution whatever that might be, written or not.

The result is that the UN is now too big for its boots and has sadly been well infiltrated by Leftwing/Marxist covert activists with the agenda to destroy Capitalism.
One only has to listen to the sayings of those at the top of its hierarchy such as Antonio Guterres and Christiana Figurese to reach that conclusion.

These COP# meetings indicate how extensive its influence is across the world.

Jeff Alberts
August 8, 2022 12:00 pm

Mercedes are so passe. Dear Leader wants a Chiron, or a gently used Veyron at the very least.

Rud Istvan
August 8, 2022 12:02 pm

‘Reparations for climate change loss and damage.’ There isn’t any, so zero reparations is about the right number to discuss starting Nov 7.

And the US election is Nov 8, so Biden will not be able the get funding from Congress after the red tsunami washes over DC.

davidmhoffer
Reply to  Rud Istvan
August 8, 2022 4:10 pm

Wouldn’t it be just delicious if the develoiping countries sued in a US court? The US would demand proof that the damages were from climate change and show evidence that they weren’t in order to get out of paying them… thus refuting the alarmists once and for all.

davidmhoffer
Reply to  davidmhoffer
August 8, 2022 4:11 pm

On second thought, scratch that. They might settle instead and plead to the voters that they were ordered to by a court. Be afraid, very afraid.

AndyHce
Reply to  Rud Istvan
August 8, 2022 11:24 pm

I strongly suspect that the controversial Supreme Court end of term rulings have assure an overwhelming Democratic Party victory in the upcoming midterms.

Note, I am not saying anything about the intentions of the Court, nor anything about the rightness or wrongness of the decisions, only about the political consequences.

Bruce Cobb
August 8, 2022 12:13 pm

Oh no! The Democrats just got done spending money like a drunken sailor, including 430 $billion for “climate change”, and some other stuff for a total of 750 $billion, in order to “reduce inflation”, so we are fresh out of climate extortion reparations money. Better luck next time.

Dwayne
August 8, 2022 12:14 pm

This was the original plan all along. Have a look at Maurice Strong, the main proponent of the con job, and his accomplices at the UN and in Canada. Pure communist with a thorough understanding of capitalism, typical in multi-millionaires for some reason.

A good synopsis here.

https://quadrant.org.au/opinion/doomed-planet/2015/12/discovering-maurice-strong/

Danley Wolfe
August 8, 2022 12:32 pm

Send this to Xi Jinpeng … if the UNFCCC was serious they would focus on the worst offenders.

August 8, 2022 1:09 pm

****** Breaking News ********

COP27 name to be changed for 2022
Some participants object to the word “cop”

New name will be CLAP27
C limate
L iars
A nnual
P arty

The CLAP27 final report will be called
The Claptrap27 Report

Last edited 1 month ago by Richard Greene
Jimmie Dollard
Reply to  Richard Greene
August 8, 2022 2:34 pm

I like:

Corupt
Oligarc
Party

Bryan A
Reply to  Richard Greene
August 8, 2022 3:38 pm

Now we know where the elite will go to spread the KLAP

Bob
August 8, 2022 1:15 pm

I can’t tell you how little I care for those attending those meetings or those who feel the need for them.

fretslider
August 8, 2022 1:19 pm

“You have to see it from the point of view of poor country delegates.”

No, I don’t.

I see it from the point of view of poor Britons who are about to be made a lot poorer

Last edited 1 month ago by fretslider
Peta of Newark
August 8, 2022 1:55 pm

There’s nobody in any sort of ‘control’ any more is there?
Nobody knows their own mind anymore and worse, even if they did and spoke it, they’d go the same was as Orange Man did – be pushed off a cliff like Piggy was in Lord of the Flies

This entire ship, all of humanity, is simply drifting and without control on a slow moving river with A Big Fall some little distance downstream.

I haven’t searched myself because it sounds entirely naff, but it’s out there somewhere where plenty farmers, (down-to-earth folks with actual experience of weather and mud and dust and dirt and growing things…
Some number are saying that we have just:
One Hundred Harvests Left

(see what I mean about ‘naff’ but there again, that’s how things are these days – ‘naff’ being an alternative word for ‘wrong’)

We ain’t got 100 Harvests – not even half that number of scratching around in the dust & dirt, pulling up sugar.
Sugar overtook our diet 30 and 40 years ago and we all starved at that point in time.

It was predicted. It happened.

Editor
Reply to  Peta of Newark
August 8, 2022 4:57 pm

“There’s nobody in any sort of ‘control’ any more is there?”.

Oh yes there are. Unelected bureaucrats now control everything. They control elected representatives too. There is no way of getting rid of them, short of mass public resistance.
But the mass public resistance has started:
https://www.theguardian.com/money/2022/aug/07/cant-pay-wont-pay-thousands-in-britain-vow-to-ignore-energy-bills

Gary Pearse
August 8, 2022 2:28 pm

“as vulnerable countries ramp up demands for rich countries to pay compensation for losses inflicted on the world’s poorest people by climate change.”

Wait until these countries get hit evermore savagely by the global effects of ruinous POLICIES the West have rolled out for fighting the non-existent threats of climate change. Not only is there no money left to give to poor countries, they will be further impoverished by doubling and tripling of costs for imported fuels, food, fertilizers, machinery, reduced receipts for travel and tourism, and sales of their own goods.

The poor countries can be glad they didn’t get cajoled into installing worthless expensive renewables grids, adopting suicide agricultural schemes like Sri Lankans did, banning exploration and investment into fossil fuel resources …

michael hart
August 8, 2022 2:40 pm

I’ll bet they would be a bit sniffy if offered a Tesla instead of a proper Mercedes. Not so convenient in countries without more advanced electrical grids.

Chris Hanley
August 8, 2022 2:45 pm

Kate Abnett is not only a most concerned climate correspondent she is also a dedicated follower of fashion* .
* “Wrote breaking news and features on the fashion and luxury goods industries” (Linkedin).

George Daddis
August 8, 2022 4:35 pm

Loss due to Climate Change?!?
How do you separate “Climate Change Loss” from extreme weather events that have occurred every year since Noah build his ark?

rd50
Reply to  George Daddis
August 8, 2022 7:29 pm

Yes. Perfect.

RelPerm
August 8, 2022 7:17 pm

China, Russia, Brazil gonna show up or not? My $ is on not.

Pat from kerbob
August 8, 2022 7:56 pm

I’m hoping that all of these cash demands will be the straw that finally breaks the camels back for many western politicians.
They can blather all they about climate emergency and borrow some money to throw at buddies peddling RE crap, but when it becomes necessary to put up or shut up with all these developing countries putting out their hand for trillions in kickbacks, I’m betting the settled science suddenly becomes much less settled

Bob Close
Reply to  Pat from kerbob
August 9, 2022 5:27 am

Yes it’s time we got back to the science and stop dwelling in polluting politics, and who’s going to pay for non existent climate emergencies. Pull the settled science apart and see the rotting corpse of AGW float down the river of alarmist drivel.

Ed Zuiderwijk
August 9, 2022 5:17 am

Send us your money.

In return we will support the German economy by buying the latest Merc and Audi models.

Joseph Zorzin
August 9, 2022 7:03 am

“…demands for rich countries to pay compensation for losses inflicted on the world’s poorest people by climate change…”

That suggest that the climate in all poor nations has gotten worse. No doubt in some poor nations, the climate has gotten better. Will those nations thank the “rich world”?? Maybe they can be charged by the rich nations for that improvement.

Ouluman
August 9, 2022 9:59 am

I think COP27 might be a stretch too far for some countries. The Russian special operation might become extra special soon, and the massive energy bill hikes in many EU countries might make people think twice as to the defn of a real crisis. The money is running out.

Neo
August 9, 2022 10:03 am

I propose a “Climate Change Windfall Profits Tax” to make sure everything is net zero

When we take the profit out of it, there will be no will to continue

Willem post
August 9, 2022 4:58 pm

The greater the COP number, the greater the world’s CO2
Time to abolish COPs

Tombstone Gabby
August 9, 2022 5:01 pm

Did you happen to notice the copyright date on the cartoon? Yes, it’s been updated some since then, but it still rings true.

TallDave
August 10, 2022 4:32 am

it’s far worse

global warming pseudoscience has already destroyed trillions of dollars in production and lowered living standards by as much as 10% — and much more in places in like Sri Lanka

Last edited 1 month ago by TallDave
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