Jennifer Whitmore (Wicklow, Social Democrats) | Oireachtas source

One of the key asks of developing countries at COP27 is the development of a loss and damage fund to compensate them for the damage we, the developed countries, have done to them in the past number of decades. This is an issue not only of climate justice but of basic fairness. However, the concept of loss and damage has been around since 1991 and there has been no progress on it. I ask that the Government take a leadership role at COP27 when it comes to loss and damages and that we establish a fund ourselves. We should take our lead from Denmark, which has recently done this, and allocate additional funds for that fund so we are not renaming or relabelling existing funds to which we have already committed. Additional funds should be provided to assist developing countries with compensation.

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