“It is grossly unfair that the world’s poorest people should suffer most from the consequences of climate change to which they have contributed least.”
Flemming Moller Mortensen, Danish Minister for Development.
The question of financing loss and damage is crucial. It is essential to help countries pay for the damage caused by climate change, for which the rich countries bear the greatest responsibility.
Australia has a lot of catching up to do. Parliament has passed the Climate Change Bill, which sets a minimum threshold for reducing CO2 emissions by 43% by 2030. A small step forward for the Greens, who were calling for a 75% reduction. % by 2030, and had also tried to pass an amendment banning all new fossil fuel projects.
