Home Global Ties Environmentalists Call for Higher Additional Financing for Loss and Damage Fund

Environmentalists Call for Higher Additional Financing for Loss and Damage Fund

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Protesters at the COP28 climate talks in Dubai called for additional financing for the newly established loss and damage fund, as well as an end to subsidies for the fossil fuel industry. Kenyan climate activist Eric Njuguna said he believed certain countries had not paid enough into the fund.

Protesters at the COP28 climate talks in Dubai called for additional financing for the newly established loss and damage fund, as well as an end to subsidies for the fossil fuel industry. Kenyan climate activist Eric Njuguna said he believed certain countries had not paid enough into the fund.

Protesters lamented that Global North countries haven’t paid enough into the loss and damage fund. They wanted the rich countries to pay more towards climate change since the problem emanates from their excessive use of fossil fuels.

Interestingly, Japanese activist Susanne Wong singled out her country for subsidizing modern fossil fuels across Asia. She said that Japan was derailing the energy transition across Asia and globally. Public protests are a rare sight in the United Arab Emirates, but the U.N. and the UAE agreed before COP28 that free expression would be allowed. Human Rights organizations.

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Meanwhile, human rights campaigners from organizations long banned by the country also have been let in, providing them some the opportunity for the first time in about a decade to offer criticism — though many acknowledge it may see them never allowed back in the country.