PanamaTimes

Monday, Dec 09, 2024

China willing to contribute to climate damage compensation

China willing to contribute to climate damage compensation

China says it is under no obligation to contribute but is still willing to help compensate poorer countries.
China 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 has said.

Speaking at the COP27 environmental conference in Egypt on Wednesday, Xie said China had no obligation to participate but stressed his solidarity with those calling for more action from wealthy nations on the issue, and outlined the damage China had suffered from climate-linked weather extremes.

China is designated by the World Trade Organization as a developing country, despite having the world’s second-largest economy.

Last month, United States special climate envoy John Kerry told reporters that 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,” Politico reported.

Xie noted that Kerry, “his friend for 25 years”, had not raised this issue with him during informal talks at COP27 this week. He added that China already contributed billions of yuan (hundreds of millions of dollars) to developing countries to help with their mitigation efforts.


After US House Speaker Nancy Pelosi’s visit to Taiwan this August, China said it would halt all dialogue with the US on climate, despite unveiling a pact with the US at COP26 in Glasgow last year to cooperate on climate change.

Xie said Pelosi’s visit had “hurt Chinese people’s feelings” but noted that informal discussions and personal correspondence with US delegates continued.

“The door is absolutely closed by (the United States),” he said. “It is we, China, who are trying to open it.”
Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
Special counsel Jack Smith asks the court to dismiss his appeal against Trump in the Mar-a-Lago classified documents case.
A Chinese retail chain has substituted traditional mannequins with real women walking on treadmills to display their clothes in motion.
Iranian Man Charged in Plot to Assassinate Donald Trump
Vatican Synod Concludes with Support for Women in Leadership Roles
Biden Labels Trump a Threat to Democracy
McDonald's Linked to E. coli Outbreak Leading to One Death
AI Regulation Takes Center Stage in 2024 US Presidential Campaign
Cuba's Power Struggles: Nationwide Blackout Strikes Again
Meta Faces Legal Battle Over Teen Social Media Addiction
UK Government Proposes Weight-Loss Injections to Combat Obesity and Boost Employment
Russia's Call for a BRICS Financial System Alternative
Indigenous Groups in Brazil Protest Carbon Credit Deal
Tesla's Robotaxi Design Strikes Controversy
Boeing to Reduce Workforce by 10% Amid Financial Strain
Brazilian Man Arrested for Decades-long Abuse and Imprisonment of Family
Donald Trump Amplifies Anti-Migrant Sentiments in Colorado Speech
Mass Looting of Chicago Cargo Train: 50 to 150 Looters Ransack Containers in Chaotic Scene
The Impact of Online Culture on Young Women: Survey Insights
Hypersonic Jet to Revolutionize Air Travel
Facilitated Communication: Miracle Tool or Manipulative Method?
US Election 2024: A Deadlock Between Trump and Harris
Dominica Sells Citizenship to Boost Climate Resilience
Elon Musk's X Faces Fines and Account Error in Brazil
Scott Jennings leaves CNN panel speechless as he tears apart Tim Walz's flimsy excuse of being "too dumb to tell the truth."
Earth Faces Severe Geomagnetic Storm from Solar Flare
China-Led Bloc Challenges The Quad in Indo-Pacific Region
Biden-Harris sent forklifts to open the border when Texas built a razor wall.
Storm Helene Devastates Eastern and Midwestern US, Claims 44 Lives
Trump Taps Elon Musk to Lead Federal Spending Cuts, Promising Trillions in Savings
Importing voters: With an election looming, the U.S. is approving citizenship applications at the fastest speed in years.
Hurricane Helene Set to Slam Florida with 'Unsurvivable' Conditions
El Salvadoran President Bukele at the UN: "Some complain that we put thousands in prison. In reality, we set millions free."
Google Commits 120 Million Dollars for Global AI Education: Sundar Pichai
Tennessee Woman Sentenced for Attempted Murder-For-Hire
Amazon Rainforest Suffers Massive Deforestation
Earth's Planetary Boundaries Breached
Elon Musk’s X Circumvents Brazil’s Supreme Court Block
Brazilian Judge Accuses Elon Musk’s X of Circumventing Court-Ordered Ban
Venezuelan Opposition Leader Coerced into Recognizing Maduro's Victory
Brazil's Firefighters Battle Amazon Blazes and Arsonists
X Social Media Platform Ordered Offline Again in Brazil
Global Workdays Required to Afford iPhone 16
In his podcast, Joe Rogan rightly questioned, "YOU NEED A VACCINE PASSPORT FOR FOOD, BUT VOTER ID IS ‘RACIST'?!"
Trump Unveils New Cryptocurrency Venture Amidst Campaign
X Update Enables App to Bypass Brazil Ban, Say Internet Providers
Delta Airlines Sets Strict Wardrobe Guidelines for Flight Attendants
Norway Achieves Milestone in Electric Vehicle Adoption
Hezbollah Hit by Explosive Pagers in Lebanon
Ex-Soldier Describes Trump Assassination Suspect's Troubled Ukraine Stint
Ghislaine Maxwell's Sex-Trafficking Conviction Upheld by Appeals Court
×