Climate Change Has a Cost. The World Wants the US to Pay Its Share

But this consensus has only been reached in the past few months.

The US is the largest historical emitter of greenhouse gasses of any country in the world.

Several weeks later, he appeared to change his tune.

According to the AP,Kerry acknowledged that the UShad a responsibility to step up on loss and damage.

“We are working toward it, and we will in Sharm,” he said.

“We will not be, you know, obstructing.”

It’s created an ever-growing deficit between the losses and damages suffered and the money available to compensate people.

But every step toward establishing that funding is slow going.

Even getting the topic on the agenda for COP27 has been a struggle.

Now that it has been agreed, the real work must begin.

She welcomed the inclusion of loss and damage as a “crucial step,” but warned against delays.

“We need a loss and damage finance facility now.