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COP27 - "It's all about the money" ?

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The G7 + Australia are in the spotlight at the Climate Conference starting Sunday 7th Nov. The principle that rich countries are responsible for historical greenhouse emissions, so should cover some of the bill for poorer countries for climate damages - will be a major focus of the COP27 conference over two weeks in Egypt.

So far:

$693 Billion: Financial support for fossil fuel companies provided by G20 countries 2021

$58.4 Billion: Combined profits of five largest fossil-fuel companies, 3rd quarter of 2022

$16.8 Million: Donations made by rich countries to cover loss and damage.

Watch this space....

https://qz.com/2019457/g7-countries-are-shortchanging-the-climate-by-billions-of-dollars





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