China will support climate damage mechanism but not with cash

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China would be willing to support a mechanism for compensating poorer countries for losses and damage caused by climate change, its climate envoy Xie Zhenhua said Wednesday at the COP27 climate summit in Egypt, but China later said that would not involve contributing cash.

calling for more action

"We strongly support the claims from developing countries, especially the most vulnerable countries, for claiming loss and damage compensation because China is also a developing country and we also suffered a lot from extreme weather events," Xie said, speaking through a translator.A spokesperson from the Chinese delegation later said that China would not contribute financially.

Last month, United States special envoy John Kerry told reporters China should contribute its own funds to loss and damage, "especially if they think they're going to continue to go on to the next 30 years with increasing their emissions,"Xie said that Kerry, "his friend for 25 years", had not raised this issue with him during informal talks at the climate conference this week.

 

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So how they are going to do that cuz everything needs money because climate change is a big thing so guys be serious

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China willing to contribute to climate compensation mechanism - Chinese climate envoyChina would be willing to contribute to a mechanism for compensating poorer countries for losses and damage caused by climate change, China's climate envoy Xie Zhenhua said on Wednesday at the COP27 conference in Egypt. RnaudBertrand There are no ‚losses‘ due to ‚chlimate change‘. Some poorer countries are using it as a racket to extract money from the idiotic West. China herself is courting ‚poorer countries‘ especially in Africa, therefor the remark. The claim that there’s a climate problem is false. He said that coz US & Europe are the no 1 and 2 culmulative polluters... they have to compensate as well. 🧐 Right. They will contribute to a mechanism that will cause them to pay NOTHING. Typical.
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China willing to contribute to climate damage compensationChina would be willing to contribute to a mechanism for compensating poorer countries for losses and damage caused by climate change, its climate envoy Xie Zhenhua said on Wednesday at the United Nations COP27 climate summit in Egypt.
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