We’ll start with the good news, John.
We celebrated some major victories at COP27, including:
- President Biden pledged to give $100 million to the Adaptation Fund
- The final COP27 agreement mentions the creation of a fund for losses and damages from the climate crisis and the U.S. committed to support it
Now for the not-so-great news. While these are important steps in the right direction, the truth is that they don’t mean anything until we see the $$.
We know that our pressure works, John. At the start of COP, the U.S. was reluctant to commit to loss and damage funding – but because of you, they committed to the historic Loss and Damage Fund.
Together, we finally succeeded in getting rich nations to commit to compensating communities affected by the climate crisis.
In addition, through our pressure, the U.S. doubled its pledge to the Adaptation Fund which was established in 2001 to finance concrete adaptation projects and programs in developing countries that are particularly vulnerable to the adverse effects of climate change.
Change is possible, but we need your help to hold our leaders accountable.
Thank you for taking the time and for helping keep on the pressure.
In solidarity,
Team 350
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PO Box 843004, Boston, MA 02284-3004
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