African civil society sceptical of Loss and Damage Fund at COP28
The organisations contend that African countries experience harsh climate realities but are the least emitters, while the global North is responsible for more than 90 percent of carbon emissions.
African civil society groups and climate leaders have reacted with scepticism to the historic adoption of a Loss and Damage Fund at the COP28 climate change summit in Dubai.
The organisations on Friday contend that African countries experience harsh climate realities but are the least emitters, while the global North is responsible for more than 90 percent of carbon emissions.
“The pledges sound good but they are political statements and not real money,” said the Director of Global Initiative for Food Security & Ecosystem Preservation (GIFSEP), Mike Terungwa.
“It would be great if specific time frames could be included. The pledges should not turn into emission or pollution permits from the countries pledging,” he said.
Environmental rights activist Mathews Malata predicted tough battles ahead.
“It’s a good start, let the funds begin to flow and pledges should be significant and target the most vulnerable countries. False and temporary solutions should not come in place of just and sustainable solutions because we know whatever amount they will be paying will not cover the recovery and disaster risk reduction financing gaps,” he said.
Founder and director of Power Shift Africa, Mohamed Adow, said funding pledges are a drop in the ocean and the level announced by US President Joe Biden and climate envoy John Kerry was embarrassing.
The Loss and Damage Fund is meant to assist developing countries vulnerable to adverse effects of climate change and will be administered by the World Bank as its interim host.