Nepal seeks climate compensation from major emitters
Nepal is demanding climate compensation from major greenhouse gas emitters, including the USA, China and India, as it rebuilds after deadly flooding, Event Registry reported. The country is seeking compensation rather than traditional aid.
Nepal contributes less than 0.1% of global greenhouse gas emissions but faces high climate risks, according to Event Registry.
An S&P Global Energy study says rising energy demand and requirements for energy security, resilience and affordability make more ambitious climate goals infeasible, despite rapid renewable energy growth and electrification.
S&P Global Energy projects that energy demand from emerging markets and developing economies could rise by more than 60% by 2060.
Source: responsibleus.com (opens in a new tab)2 sourcesPermalink