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The Latest Breaking News from G77

Cut borrowing costs for poorer countries to free up $900bn for development – report

G77 nations spend $8tn a year servicing debts, but analysis shows how comprehensive relief could benefit social spending

The Guardian - UK

Why a new climate finance goal already has countries fighting

Even though India’s southwest monsoon season is officially over, it left much loss and damage in its wake. The most devastating disaster this season was the landslide in Kerala’s Wayanad which killed over 400. The impact of climate change on India’s weather systems is well recorded. As every season becomes more intense and…

Newslaundry

COP28 Agreement Faces Credibility Test Amidst Fossil Fuel Expansion Concerns

Pedro Pedroso, the outgoing president of the G77 plus China bloc of developing countries, expressed concerns in an interview, warning that the landmark deal achieved at last year's climate talks in Dubai could be at risk.

International Business Times UK

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Cop28 deal will fail unless rich countries quit fossil fuels, says climate negotiator

G77 president Pedro Pedroso warns deal risks failing if polluters like UK, US and Canada don’t rethink plans to expand oil and gas

The Guardian - US

Mary Robinson reiterates call for rapid phase-out of fossil fuels

Former Ireland leader issues firm response in row over comments made to her by Cop28 president

The Guardian - UK

Why loss and damage funds are key to climate justice for developing countries at Cop28

Nations contributing least to greenhouse gas emissions are least equipped to deal with climate-related destruction

The Guardian - UK

Global South leaders demand end of ‘plundering international order’

G77+China summit comes at a time of growing international frustration with the Western-led world order.

Al Jazeera

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UN calls for more fairness for developing nations at a G77 summit in Cuba

The U.N. secretary-general is calling for nations to build a world that is more fair for developing countries, as he kicks off a summit in Cuba of the G77 group of emerging economies plus China

The Independent UK

UN chief is globetrotting to four major meetings before the gathering of world leaders in September

The United Nations chief is going globetrotting to four major meetings before the biggest meeting of all – the annual gathering of world leaders at the U.N. General Assembly starting Sept. 18

The Independent UK

The climate reparations battle at COP27

How developing countries' 30-year battle for "loss and damage" funding culminated in a new agreement in Egypt.

Salon

COP27 key outcomes: progress on compensation for developing countries, but more needed on climate justice and equity

There were high expectations for COP27, the 27th Conference of the Parties to the UN Framework Convention on Climate Change.

The Conversation

A deal on loss and damage, but a blow to 1.5C – what will be Cop27’s legacy?

Anger at western hypocrisy heated to boiling point in Sharm el-Sheikh, but after intense talks the impasse was finally broken

The Guardian - UK

‘We couldn’t fail them’: how Pakistan’s floods spurred fight at Cop for loss and damage fund

With the deadly devastation fresh in the world’s mind, Pakistan pushed for damage funds with other frontline countries

The Guardian - UK

Climate fund breakthrough offers ‘hope’

SHARM EL-SHEIKH, Egypt: Host Egypt scrambled to salvage the UN climate talks on Saturday with the European Union signalling a breakthrough over the contentious issue of “loss and damage” funding for climate-vulnerable nations.

Bangkok Post

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The Guardian - UK

Cop27 talks continue over EU climate loss and damage fund proposal

Last-ditch plan for providing cash to countries suffering climate-related disaster brings overtime wranglingCop27 live – latest news updates

Radio France Internationale

Cop27 extended as EU climate damage proposal piles pressure on China

On what should have been the final day of Cop27 climate talks in Egypt, an EU proposal to break a deadlock on financial help for poor nations ravaged by climate change has piled pressure on big-polluting developing countries such as China to pitch in. The talks have been extended into…

The Guardian - UK

Fear of backsliding on Glasgow pledges dominates Cop27

Tentative drafts are emerging but some countries appear to be seeking to water down commitments agreed last year

Reuters

Developing countries, China seek 'loss and damage' fund - draft proposal

The G77 bloc of developing countries and China are proposing the establishment of a new 'loss and damage' fund to provide finance to countries hit by climate disasters, a draft text of their proposal to the COP27 summit showed.

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The Hindu

India, UAE and France hold first trilateral ministerial meeting in U.S.

External Affairs Minister S. Jaishankar arrived in New York on Sunday to participate in the high-level 77th session of the U.N. General Assembly

People

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