COP27 and Reparations for Climate Damage By James Reed
We have reported on the main big thing pushed by the climate change COP27 conference of globalist elites, that of climate change reparations. Here is a neat mainstream summary to bring everyone interested up to speed. The impacts upon our standard of living will be profound, but we should not be surprised in the context of the Great Reset, and Great Replacement, all working together for our destruction.
“Climate negotiators on Friday were mulling a European Union proposal aimed at resolving an impasse over financing for countries hit by climate-fuelled disasters and pushing the U.N. climate summit in Egypt closer to a final deal.
The EU proposal agreed to set up a special fund for covering loss and damage in the most vulnerable countries – but funded from a “broad donor base”.
That suggests high-emitting emerging economies like China would have to contribute, rather than having the fund financed only by rich nations that have historically contributed the most to global warming.
“What we would propose is to establish a loss and damage response fund for the most vulnerable countries,” EU climate policy chief Frans Timmermans told the COP27 summit.
The loss and damage issue has dominated this year’s summit, with more than 130 developing countries demanding that the meeting deliver a deal on a new fund to help them cope with the irreparable damage of floods, drought and other climate impacts.
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