The government has ruled out extending the overseas aid budget to fund any additional money for loss and damage. Yeb Sano, from Greenpeace South East Asia, disputed Mr Sunak’s claim that the UK was meeting its obligations. “All Rishi Sunak needs to do is listen to the demands of the countries most affected by climate change to know that the UK is nowhere near paying its fair share to tackle the crisis, especially considering the amount coal they have been pumping for centuries. ,” he said. “Additional money can be raised to go into that fund by raising taxes on the obscene profits of oil and gas companies – it’s a no-brainer.” On Wednesday, China said it was willing to contribute to a new fund, following growing pressure from the United States to bolster Beijing. “We strongly support the claims of developing countries, especially the most vulnerable countries, for damages and compensation because China is also a developing country and we have also suffered a lot from extreme weather events,” said Xie Zhenhua, its climate envoy. “It is not China’s obligation, but we are willing to contribute and do our best.”
