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Home Banking Loss and damage set to dominate ‘African COP’, and more

Loss and damage set to dominate ‘African COP’, and more

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Loss and damage set to dominate ‘African COP’ By Sarah Moloney

The world has changed dramatically since COP26. The Russia-Ukraine war has set back countries’ transitions to renewable energy sources – particularly in Europe – as a shortage of Russian-supplied energy has sent demand soaring. Countries are turning to immediately available sources of fossil fuels, like coal, to meet energy demand during the winter months. Geopolitical frictions are complicating collaboration over climate change. The so-called ‘African COP’ may facilitate a greater focus on the needs of developing economies, which countries particularly vulnerable to the effects of climate change have been calling for.

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