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Zero: The Climate Race

At COP27, a breakthrough on loss and damage? with Saleemul Huq

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7219 Ratings

🗓️ 7 November 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

COP27 has begun, with 45,000 delegates expected to attend the two-week conference in Sharm El Sheikh, Egypt. One of the key discussion points is financing for “loss and damage,” the idea that developed countries with high historical emissions should pay for climate damages in developing countries. On Zero’s first episode recorded at COP27, we’re joined by Professor Saleemul Huq, Director of the International Centre for Climate Change and Development and a champion of climate vulnerable countries. With loss and damage being formally on the agenda of this year’s climate negotiations, Huq explains what’s at stake. We also hear from Bloomberg contributing editor Allegra Stratton, the UK’s spokesperson for COP26, on how COP27 can build upon the achievements of last year.

Read a transcript of this episode, here.

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Thoughts or suggestions? Email us at [email protected]

For more coverage of climate change and solutions, visit https://www.bloomberg.com/green

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Transcript

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0:00.0

China's record-breaking drought has scorched fire.

0:05.0

Fire is breaking out around London as the citizens.

0:09.0

No top!

0:10.0

No oil! Keep your carbon in the circle!

0:13.0

Egypt is preparing to host the next POP summit in November.

0:16.0

With an array of new pledges, commitments and promise.

0:20.0

I want justice for my people.

0:22.5

I want climate justice.

0:24.8

We came forward to bear the responsibility of hosting COP 27 in the fight against climate change.

0:36.9

Welcome to Zero. I'm Upshatrati.

0:42.0

And this is the first of our special episodes coming from COP27 in Sharmal Sheikh, Egypt.

0:47.9

Over the next two weeks, we'll be bringing you regular updates from the largest climate conference in the world.

0:53.4

And joining me for the first episode is Bloomberg contributing editor Allegra Stratton.

0:58.0

Hi Allegra.

0:59.0

Hiya.

1:00.0

Now it's a big first day at COP 27.

1:03.0

What's your experience of COP being like so far?

1:06.0

Well it's very different from the COP 26 that I worked for the UK government at.

1:12.8

The environment is very different and I think it's importantly different.

1:18.4

In Glasgow, do you remember how wet and cold it was for two weeks?

1:23.3

And also it's on the River Clyde and the relevance of that is that it was, you know, for a long time, the centre of shipbuilding of a very carbon-heavy industry.

1:34.5

And that was a cop that was about mitigation.

...

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