"We just hope that the global north and the nations whose economy is fueled by the emissions come to the plate and take up their responsibility to look at what they're causing us," says Philip Davis, prime minister of the Commonwealth of the Bahamas. This highlights the urgent plea for accountability and action from wealthier nations in addressing climate-related damages.
The payment is one of the first examples of 'loss and damage' compensation, a new kind of funding specifically for climate change-related disasters, showcasing a potential lifeline for communities severely impacted by such events.
So far, about $720 million has been pledged from countries like the European Union, U.S. and United Arab Emirates. But climate experts warn that with hurricanes and floods only getting worse, that amount will fall far short.
Cyclone Freddy, the longest-lasting tropical cyclone ever recorded, brought a deluge of rain to southern Malawi in 2023, causing extensive damage and highlighting the disproportionate impact on low-income countries.
#climate-change #loss-and-damage-compensation #cyclone-freddy #malawi-flooding #global-responsibility
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