What's New :
26th November 2022 (6 Topics)

COP27 and the ambiguity about responsibility


In the COP 27 summit, parties agreed to a Loss and Damage fund (L & D) providing financial support to developing countries for low-carbon transformations, building resilience to inevitable climate impacts, and other steep challenges.

The Loss & Damage Fund:

  • Objective: To change the existing narrative of averting losses that have already occurred, and to start holding developed countries morally responsible and financially liable for the same.
  • Burden and responsibility: It excludes mention of responsibility and the principle of Common but Differentiated Responsibilities (CBDR).
  • Ambiguity: The ambiguity of responsibility is an adversarial notion to hold developed nations morally and financially accountable. With this the line between victim and perpetrator has been blurred.
You must be logged in to get greater insights.

Verifying, please be patient.

Enquire Now