{"id":1746400,"date":"2022-11-21T06:07:06","date_gmt":"2022-11-21T11:07:06","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1746400"},"modified":"2022-11-21T08:03:37","modified_gmt":"2022-11-21T13:03:37","slug":"biden-agrees-to-pay-climate-change-reparations","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-agrees-to-pay-climate-change-reparations\/","title":{"rendered":"Biden Agrees to Pay &#8220;Climate Change Reparations&#8221;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-agrees-to-pay-climate-change-reparations%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1746400&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Biden agrees to pay climate REPARATIONS: US will pay up to $1BN to compensate developing countries for global warming &#8211; but gas-guzzling China WON&#8217;T have to pay into global fund<\/h2>\n<ul class=\"mol-bullets-with-font\">\n<li class><strong>The fund, negotiated at the UN&#8217;s COP27 Summit, was originally known as a &#8216;loss and damage&#8217; fund and had been blocked by previous administrations\u00a0<\/strong><\/li>\n<li class><strong>The deal is already more than a day late, as nearly 200 nations were anxious for an accord they could bill as a step forward in the fight against climate change<\/strong><\/li>\n<li class><span class=\"mol-style-bold\">The nations involved are largely from Asia,\u00a0Africa, Latin America, the Caribbean and the south pacific\u00a0<\/span><\/li>\n<li class><strong>Biden was granted $1 billion to help developing countries tackle climate change, although it&#8217;s unclear if that cash will go into this fund\u00a0<\/strong><\/li>\n<li class><strong>The president also faces having his plans stymied by the GOP-majority house, which would have to approve any funding\u00a0<\/strong><\/li>\n<\/ul>\n<p class=\"author-section byline-plain\">By <a href=\"https:\/\/www.dailymail.co.uk\/home\/search.html?s=&#038;authornamef=Stephen+M.+Lepore+For+Dailymail.Com\" class=\"author\" rel=\"nofollow\">Stephen M. Lepore For Dailymail.Com<\/a> and <a href=\"https:\/\/www.dailymail.co.uk\/home\/search.html?s=&#038;authornamef=Associated+Press\" class=\"author\" rel=\"nofollow\">Associated Press<\/a> <\/p>\n<p class=\"byline-section\"><span class=\"article-timestamp article-timestamp-published\"> <span class=\"article-timestamp-label\">Published:<\/span> <time datetime=\"2022-11-19T22:17:44+0000\"> 17:17 EST, 19 November 2022 <\/time><\/span> | <span class=\"article-timestamp article-timestamp-updated\"> <span class=\"article-timestamp-label\">Updated:<\/span> <time datetime=\"2022-11-20T03:31:16+0000\"> 22:31 EST, 19 November 2022 <\/time><\/span> <\/p>\n<div class=\"adHolder column-content cleared\">\n<div id=\"para_top\"><\/div>\n<\/div>\n<link href=\"https:\/\/www.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-async-bundle\/6.41.0\/articleDefer.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/><link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/17.15.0\/registration--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/><link href=\"https:\/\/www.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-sync-bundle\/7.10.3\/desktop.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/><link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/17.15.0\/all--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/><link href=\"https:\/\/www.dailymail.co.uk\/static\/gunther\/17.15.0\/all1--.css\" media=\"all\" rel=\"stylesheet\" type=\"text\/css\" \/><link rel=\"stylesheet\" type=\"text\/css\" media=\"screen\" href=\"https:\/\/www.dailymail.co.uk\/static\/mol-fe\/static\/mol-fe-fff\/2.4.0\/styles\/fff.css\" \/><link rel=\"preload\" href=\"https:\/\/www.dailymail.co.uk\/static\/videoplayer\/6.17.2\/styles\/mol-fe-videoplayer.min.css\" \/>\n<div itemprop=\"articleBody\">\n<p class=\"mol-para-with-font\">Joe Biden says the US will sign-up to a UN-backed fund to pay reparations to developing countries worst-affected by climate change.\u00a0\u00a0<\/p>\n<p class=\"mol-para-with-font\">The creation of the fund was announced Saturday. It was negotiated at the <a href=\"https:\/\/www.dailymail.co.uk\/news\/united-nations\/index.html\" id=\"mol-fd227250-6857-11ed-92fa-213128213ff5\" target=\"_blank\" class rel=\"noopener\">United Nations<\/a>&#8216; COP27 Summit in Egypt, was originally known as a &#8216;loss and damage&#8217; fund and had been blocked by previous American administrations.\u00a0<\/p>\n<p class=\"mol-para-with-font\">The nations who&#8217;ll benefit from the funds are largely from Asia, Africa, Latin America, the Caribbean and the South Pacific. They say they&#8217;re set to be worst-affected by rising sea levels and other weather extremes blamed on carbon emissions created by wealthier countries.\u00a0<\/p>\n<p class=\"mol-para-with-font\">Last year, Biden was granted $1 billion to help developing countries tackle climate change, although it&#8217;s unclear if that cash will go into this fund.\u00a0<\/p>\n<p class=\"mol-para-with-font\">The president also faces having his plans stymied by the GOP-majority house, which would have to approve any funding mooted by the White House.<\/p>\n<p class=\"mol-para-with-font\">There will be wrangles with fellow UN members over who pays what &#8211; which could well mean nothing gets done until after the next presidential election in 2024.\u00a0<\/p>\n<p class=\"mol-para-with-font\">And if a Republican like GOP golden boy Ron DeSantis ends up winning the presidency, the fund could face being scrapped again.\u00a0<\/p>\n<p class=\"mol-para-with-font\">Donald Trump famously pulled the US out of the 2015 UN Paris Accord on climate change, saying it represented a bad deal for America &#8211; with DeSantis known to share many of the 45th president&#8217;s views.\u00a0<\/p>\n<p class=\"mol-para-with-font\"> China &#8211; the world&#8217;s biggest polluter &#8211; wouldn&#8217;t have to contribute to any global fund, because it is still considered a developing nation, despite its vast wealth.\u00a0<\/p>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-ab182c70ed243a95\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64730567-11448109-The_United_States_will_take_part_in_the_creation_of_and_contribu-a-154_1668915036841.jpg\" height=\"425\" width=\"634\" alt=\"The United States will take part in the creation of and contribute to a fund that will pay developing nations to tackle climate change\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">The United States will take part in the creation of and contribute to a fund that will pay developing nations to tackle climate change<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-2c76c2aa4110c521\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64730509-11448109-image-a-10_1668899249149.jpg\" height=\"422\" width=\"634\" alt=\"The nations involved are largely from Asia, Africa, Latin America, the Caribbean and the south pacific, who see the matter as payback for a crisis that they did not contribute to but nonetheless could, in their view, destroy them\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">The nations involved are largely from Asia, Africa, Latin America, the Caribbean and the south pacific, who see the matter as payback for a crisis that they did not contribute to but nonetheless could, in their view, destroy them<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-22ffb6a35ba4f9a2\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64730507-11448109-Biden_was_granted_1_billion_to_help_developing_countries_tackle_-a-160_1668915037190.jpg\" height=\"425\" width=\"634\" alt=\"Biden was granted $1 billion to help developing countries tackle climate change, although it&#039;s unclear if that cash will go into this fund\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">Biden was granted $1 billion to help developing countries tackle climate change, although it&#8217;s unclear if that cash will go into this fund<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-ec1220ef0db37077\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64730785-11448109-Gas_guzzling_China_wouldn_t_have_to_contribute_to_any_global_fun-a-155_1668915036910.jpg\" height=\"425\" width=\"634\" alt=\"Gas-guzzling China wouldn&#039;t have to contribute to any global fund, because it is still considered a developing nation\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">Gas-guzzling China wouldn&#8217;t have to contribute to any global fund, because it is still considered a developing nation<\/p>\n<\/div>\n<p class=\"mol-para-with-font\">The money will go toward helping them cope with disasters like floods and drought that they say have been made worse by climate change.\u00a0<\/p>\n<p class=\"mol-para-with-font\">Rich countries, including the United States and those in Europe, have for decades resisted the idea of a so-called loss and damage fund for fear it would open them up to legal liability for their historic greenhouse gas emissions.\u00a0<\/p>\n<p class=\"mol-para-with-font\">Chinese climate envoy Xie Zhenhua welcomed Saturday the resumption of formal talks with US counterpart John Kerry as &#8216;very constructive&#8217;, as the world&#8217;s two top polluters ended a freeze in cooperation.<\/p>\n<p class=\"mol-para-with-font\">The senior officials met during the UN&#8217;s COP27 conference in Egypt after US President Joe Biden and Chinese leader Xi Jinping agreed at a G20 summit in Indonesia earlier this week to resume collaboration on climate change.<\/p>\n<p class=\"mol-para-with-font\">Beijing suspended the talks in August in anger at US House Speaker Nancy Pelosi&#8217;s visit to Taiwan.<\/p>\n<p class=\"mol-para-with-font\">Cooperation between the superpowers is key in the fight against global warming and has led to breakthroughs at past UN climate conferences, notably the landmark 2015 Paris Agreement.<\/p>\n<p class=\"mol-para-with-font\">Xie described his talks with Kerry in the Red Sea resort of Sharm el-Sheikh as &#8216;candid, friendly, positive&#8217; and &#8216;overall very constructive&#8217;.<\/p>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-3631b53ca9150fb2\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64731795-11448109-President_Joe_Biden_and_Chinese_leader_Xi_Jinping_agreed_at_a_G2-a-156_1668915036938.jpg\" height=\"502\" width=\"634\" alt=\"President Joe Biden and Chinese leader Xi Jinping agreed at a G20 summit in Indonesia earlier this week to resume collaboration on climate change\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">President Joe Biden and Chinese leader Xi Jinping agreed at a G20 summit in Indonesia earlier this week to resume collaboration on climate change<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-7994b28249cad1a5\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64730789-11448109-Climate_Envoy_for_the_Marshall_Islands_Kathy_Jetnil_Kijiner_spea-a-159_1668915037095.jpg\" height=\"434\" width=\"634\" alt=\"Climate Envoy for the Marshall Islands Kathy Jetnil-Kijiner speaks during an intergenerational panel discussion addressing loss and damage, at the COP27\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">Climate Envoy for the Marshall Islands Kathy Jetnil-Kijiner speaks during an intergenerational panel discussion addressing loss and damage, at the COP27<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-42775281ac53c6d5\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64730801-11448109-Sherry_Rehman_minister_of_climate_change_for_Pakistan_speaks_to_-a-157_1668915036957.jpg\" height=\"425\" width=\"634\" alt=\"Sherry Rehman, minister of climate change for Pakistan, speaks to members of the media outside after attending a news conference on loss and damage finance inaction\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">Sherry Rehman, minister of climate change for Pakistan, speaks to members of the media outside after attending a news conference on loss and damage finance inaction<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-57c0ee556affeecd\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64730805-11448109-Chinese_President_Xi_Jinping_continues_to_attend_the_29th_Asia_P-a-158_1668915037074.jpg\" height=\"569\" width=\"634\" alt=\"Chinese President Xi Jinping continues to attend the 29th Asia-Pacific Economic Cooperation (APEC) Economic Leaders&#039; Meeting in Bangkok\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">Chinese President Xi Jinping continues to attend the 29th Asia-Pacific Economic Cooperation (APEC) Economic Leaders&#8217; Meeting in Bangkok<\/p>\n<\/div>\n<p class=\"mol-para-with-font\">&#8216;We have agreed that after this COP we will continue formal conversations, including face-to-face meetings,&#8217; he told reporters, recalling that he has known Kerry for more than two decades.<\/p>\n<p class=\"mol-para-with-font\">But he also highlighted lingering differences with Western nations, rejecting the idea that China should no longer be considered a developing country, though it is now the world&#8217;s second-biggest economy.<\/p>\n<p class=\"mol-para-with-font\">That distinction in status is key: under the terms of a bedrock 1992 UN climate treaty, developed countries are supposed to financially help developing nations in their energy transitions and efforts to build resilience against climate impacts.<\/p>\n<p class=\"mol-para-with-font\">The Paris Agreement, Xie said, also &#8216;made it very clear that the responsibility to provide finance&#8230; lies with developed countries&#8217;.<\/p>\n<p class=\"mol-para-with-font\">The issue was at the heart of a contentious debate at COP27 on establishing a &#8216;loss and damage&#8217; fund to compensate poorer countries already devastated by the fallout from global warming.<\/p>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-e9d1ec2cb854bf7f\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64731073-11448109-People_ride_in_smog_on_November_5_2021_in_Beijing_China-a-162_1668915040401.jpg\" height=\"425\" width=\"634\" alt=\"People ride in smog on November 5, 2021 in Beijing, China\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">People ride in smog on November 5, 2021 in Beijing, China<\/p>\n<\/div>\n<div class=\"artSplitter mol-img-group\">\n<div class=\"mol-img\">\n<div class=\"image-wrap\"> <img loading=\"lazy\" decoding=\"async\" id=\"i-d34f6f5387c8822e\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/11\/64730799-11448109-Molwyn_Joseph_right_minister_of_health_wellness_and_environment_-a-161_1668915040367.jpg\" height=\"425\" width=\"634\" alt=\"Molwyn Joseph, right, minister of health wellness and environment of Antigua and Barbuda, and Sherry Rehman, minister of climate change for Pakistan, speak during a news conference on loss and damage finance inaction\" class=\"nothing\" \/><\/div>\n<\/p><\/div>\n<p class=\"imageCaption\">Molwyn Joseph, right, minister of health wellness and environment of Antigua and Barbuda, and Sherry Rehman, minister of climate change for Pakistan, speak during a news conference on loss and damage finance inaction<\/p>\n<\/div>\n<p class=\"mol-para-with-font\">Flooding in Pakistan this year, for example, displaced millions and caused $30 billion in damage and economic loss, according to the World Bank.<\/p>\n<p class=\"mol-para-with-font\">The European Union argued that China and other developing nations such as Saudi Arabia that have grown wealthier should be among the financial contributors.<\/p>\n<p class=\"mol-para-with-font\">The EU also insisted that the loss and damage fund be used to assist the most &#8216;vulnerable&#8217; countries &#8212; meaning it could exclude China as a recipient of aid.<\/p>\n<p class=\"mol-para-with-font\">&#8216;I hope that it could be provided to the fragile countries first. But the recipients should be developing countries,&#8217; Xie said. &#8216;But provide it first to those who need it the most.&#8217;<\/p>\n<p class=\"mol-para-with-font\">Rich and developing countries were close to an agreement on the issue on Saturday.<\/p>\n<p class=\"mol-para-with-font\">The Egyptian COP27 presidency has come under heavy criticism from delegates over its handling of the two-week conference, with complaints over a lack of transparency and drafts released late in the game.<\/p>\n<p class=\"mol-para-with-font\">But Xie said the hosts had worked &#8216;under the principles of transparent, open and party-driven consensus&#8217;.<\/p>\n<p class=\"mol-para-with-font\">Complicating matters, U.S. Special Climate Envoy John Kerry, a powerful force in climate diplomacy, tested positive for COVID-19 on Friday after days of bilateral in-person meetings with counterparts from China, the EU and others.<\/p>\n<p class=\"mol-para-with-font\">Kerry could not attend in-person negotiations on Saturday, but was participating in bilaterals by video phone, the U.S. State Department said.<\/p>\n<\/div>\n<div class=\"adHolder watermark\" id=\"inread_player\"><span class=\"mol-ads-label-container\"><span class=\"mol-ads-label\">Advertisement<\/span><\/span><\/div>\n<div id=\"external-source-links\" class=\"item\" data-track-module=\"am-external-links^external-links\">\n  <span>Read more:<\/span>\n  <\/div>\n","protected":false},"excerpt":{"rendered":"<p>Biden agrees to pay climate REPARATIONS: US will pay up to $1BN to compensate developing countries for global warming &#8211; but gas-guzzling China WON&#8217;T have to pay into global fundThe<\/p>\n","protected":false},"author":1,"featured_media":1746403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[],"class_list":["post-1746400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1746400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1746400"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1746400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1746403"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1746400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1746400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1746400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}