Biden-Xi climate cooperation to energise COP27 negotiations

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U.S. President Joe Biden and Chinese leader Xi Jinping agreed on Monday to resume cooperation on climate change and other issues, offering a boost to bogged down and behind schedule negotiations at the COP27 climate summit in Egypt

on the Indonesian island of Bali where climate change will be competing for time with issues such as the global economy and Russia's war in Ukraine.

Teresa Ribera, Spain's climate minister, said she was hopeful that the rapprochement would energise negotiations. "The two biggest emitters need to be cooperative and ambitious," she told Reuters. The outcome on that issue, referred to in climate talks as "loss and damage", could define the perceivedOne senior negotiator, who could not be named due to the sensitivity of the talks, said that after an opening week heavy on promises but light on new cash commitments, many developing nations were watching Bali closely for a signal that the richest economies were taking concrete actions.

 

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