Climate Politics
EU’s Hoekstra Tells Non-G7 States They Need to Pay Up on Climate
- Move puts China, Saudi Arabia on the hook for climate finance
- Hoekstra sticks to pledge on 90% emissions cuts in EU by 2040
Wopke Hoekstra
Photographer: Frederick Florin/AFP/Getty
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European Union climate chief Wopke Hoekstra said that countries outside the Group of Seven need to help meet the bill for losses and damage caused by increasingly extreme weather, highlighting what is set to be a major issue with China and Saudi Arabia during COP28 talks that start this week.
Hoekstra said that financing would have to move beyond the “usual suspects” like European nations and the G7, though declined to identify explicitly major emitters such as China and Saudi Arabia. The EU has said it will make a “substantial” donation to the loss and damage fund and has been pushing the UAE — the COP28 hosts — to do the same.