The United States, historically the main responsible for the current climate situation, prevents fair compensation for the countries that are most vulnerable to climate catastrophes, the Foreign Minister rejected on his Twitter account.
At the latest United Nations Conference on Climate Change in 2021 (COP 26), the most affected countries raised their voices to demand the necessary financing for losses or damages from developed countries.
According to estimates, the annual amount needed in 2030 for developing nations to adapt to climate change, if the reduction of CO2 emissions announced at the meeting are met, range from 100 to 300 billion dollars every year.
Meanwhile, the figures to compensate for the losses and damages caused by climate change in 2030 would be higher, the World Wildlife Fund (WWF) reported.
In this context, the amounts provided by developed countries are even less than those donated for adaptation.