“Whoever spends 65 billion a year on fossil fuel subsidies will also have a billion a year in reserve for climate damage in the Global South,” left-wing president Martin Schirdewan told the newspapers of the Funke media group (Saturday) . editions). The 100 million promised are only a “drop in the ocean”.
The sum represents “a paltry sum with which one of the richest countries cannot evade its responsibilities”. Considering that the reconstruction costs in the Ahr Valley alone after the 2021 floods are estimated at around 3.8 billion euros, this amount seems ridiculously small. Germany and the United Arab Emirates surprisingly each contributed $100 million (nearly 92 million euros) to the fund on Thursday, at the start of the World Climate Conference. Schirdewan calls for stricter instruments to achieve more climate justice. Responsible for this are wealthier countries like Germany, the United States, Canada, Qatar and Saudi Arabia, “which have the highest greenhouse gas emissions per capita and are also responsible for greenhouse gas emissions in other countries through imports. As a responsible climate country, Germany must pay for the damage every year, not just once. The left-wing leader also sees it as a historic obligation. “Rich countries, particularly in Europe, have long benefited from exploitation and unequal trade relations with poor countries in the South.”
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