
China would be willing to support a mechanism for compensating poorer countries for losses and damage caused by climate change, its climate envoy Xie Zhenhua said Wednesday at the COP27 climate summit in Egypt, but China later said that would not involve contributing cash.
Xie said China had no obligation to participate, but stressed his solidarity with those calling for more action from wealthy nations on the issue, and outlined the damage China had suffered from climate-linked weather extremes.