Published: November 17th, 2022,
Last updated: May 27th, 2025
Frans Timmermans urged China to help finance a loss and damage mechanism. The EU climate czar (Profile) said at COP on Wednesday, „China is one of the largest economies in the world. Why shouldn’t they share responsibility for financing loss and damage?“ Regarding a proposal by the G77 group and China, he said, „According to the G77 proposal, all developing countries should be supported. We believe that we need to focus on the most vulnerable countries.“