![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/rishi-sunak-rules-out-climate-reparations-amid-ongoing-cop27-row/&media=https://uknews.evprotec.com/wp-content/uploads/2022/11/TELEMMGLPICT000315456667_trans_NvBQzQNjv4Bqw6UWCo-0x5_BRsTZlm-GxMf-s3fZmT3Wu4SFGBFhbrU.jpeg&description=But the UK argues that it already provides sufficient funding to help countries recover from natural disasters and does not need to provide more. The Government has ruled out extensions to 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 is fulfilling its obligations. "All Rishi Sunak needs to do is listen to the demands of countries worst hit by climate change to know that the UK is not paying anywhere near its fair share to deal with the crisis, especially considering the amount of carbon they have pumped out for centuries," he said. 'Extra money can be raised to go into this 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 increasing pressure from the United States for Beijing to step up. "We strongly support the claims from developing countries, especially the most vulnerable countries, for claiming loss and damage compensation, because China is also a developing country and we also suffered a lot from extreme weather events," said Xie Zhenhua, its climate envoy. "It is not the obligation of China, but we are willing to make our contribution and make our effort."){kind=link}
PM claims UK is ‘fulfilling our obligations’ and said he would instead prioritise green investment that supports British jobs
Rishi Sunak has ruled out paying billions in climate reparations to developing countries, as a row over money grows at the Cop27 summit.
Speaking in the House of Commons on Wednesday, the Prime Minister said reparations are “not the right approach” – and that he would instead prioritise green investment that supports British jobs and businesses.
Mr Sunak said the UK was “fulfilling our obligations”, putting the country on course for a row with developing states during the negotiations.
Developing countries are calling for additional funds from richer polluting countries to help them pay for the impacts of climate change.