CABINET NOTES: The Cabinet invited the Director of the Department of the Environment (DoE) to present her report on the outcomes of COP27 (Conference of the Parties to the United Nations Framework Convention on Climate Change) held in Egypt over a two-week period.
Antigua and Barbuda established its leadership globally on this issue of global climate change.
Both the Prime Minister and the Minister of the Environment made proposals to the COP27 which were hailed as important successes of the meeting, the Director reported.
“Loss and Damage” is a three-decade-old proposal that seemingly would not ever be accepted.
However, following the statement by the Prime Minister and the follow-up negotiations by the Minister of the Environment, the developed countries yielded and agreed to fund the “Loss and Damage” proposal.
It will be a source of funding-recovery from extreme weather, in vulnerable states, triggered by hurricanes, droughts, floods and other climate-change events.