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Reuters
Reuters
Environment
Kate Abnett

Analysis-Who pays? UN climate report reignites global fight for compensation

FILE PHOTO: A soybean field is seen as Paraguay faces the worst soy harvest in a decade due to a drought hammering production, in Juan Eulogio Estigarribia, Paraguay February 14, 2022. Picture taken February 14, 2022. REUTERS/Cesar Olmedo/File Photo

With this week's U.N. climate science report laying bare the staggering economic costs and losses already faced from climate change, an inevitable question arises: who should pay?

Within U.N. climate negotiations, "loss and damage" refers to the costs countries are incurring from climate-related impacts and disasters - costs that disproportionately hit the world's poor and vulnerable who did least to cause global warming.

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