What left many grumbling at the 26th meeting of the Conference of Parties (COP26) held in November in Glasgow was rich countries like the United States and those in the European Union striking down the Glasgow Loss and Damage Facility, a body created to address how to compensate developing countries for climate change-related losses and damages, reports Rishika Pardikar.
Some developing countries' delegations are upset after recent closed-door negotiations at COP26, where the United States asked for a revision of references on climate-adaptation finance’s inadequacy, including the request to double adaptation finance. This comes despite Biden having publicly spoken of quadrupling U.S. climate-finance contributions.
With its climate pact and a climate law, the European Union is often viewed as progressive when it comes to dealing with the climate crisis. But positions that both EU countries and the EU bloc have taken in the run-up to the 26th Conference of Parties (COP26), the largest annual climate-change conference, paint a different picture.