China, India and Saudi Arabia are all part of the Like-Minded Developing Countries group Pacheco was speaking for. He argued developing nations should not have the same targets as rich ones who have had a greater historical role in the climate crisis. The country is increasingly dealing with the impacts of the climate crisis, including drought, wildfires and extreme temperatures. But the US is otherwise closed to the idea of a new loss-and-damage fund, which is what many developing nations want. The more there is a battle between developing countries and the developed countries, the more China can sit back and relax."
Source: CNN November 12, 2021 08:31 UTC