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Scope of fund agreed upon at COP27 analyzed in Antigua and Barbuda

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Scope of fund agreed upon at COP27 analyzed in Antigua and Barbuda

Saint John, Nov 28 (Prensa Latina) Environmental experts on Monday analyzed the implications for Antigua and Barbuda of the recent COP27 decision to create a loss and damage fund to help developing nations.

Major countries, such as the United States, prolonged the meetings in Egypt because they were against the organization of this contribution to mitigate the extreme effects of global warming, former United Nations volunteer Donaldson Anthonyson commented.

The agreement was a sign that the developed countries admitted that they were destroying cultural heritage and the ability to have a successful economic recovery, he pointed out at the beginning of a panel organized in this capital.

However, he warned, small island nations must prepare for worsening environmental conditions despite the pact, since the fund will not prevent natural disasters and their consequences.

‘All Caribbean islands, including Antigua and Barbuda, will have to be prepared for what is going to come,’ Anthonyson remarked.

The director of the Department of Environment, Diane Black-Layne, outlined the purpose of a loss and damage fund and how the unwillingness of developed countries would further disrupt the process of getting back to normalcy and improving lives.

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