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  • Writer's pictureBy The Financial District

Macron Tells Biden, Xi: Pay For Worsening Climate Change

French President Emmanuel Macron said the US, China, and other non-European rich nations must pay “their share” to help poorer nations deal with climate change inasmuch as they are big industrial polluters, Salma El Wardany, Yousef Gamal El-Din and John Ainger reported for Bloomberg News.


Photo Insert: “We need the United States and China to step up,” Macron said on the sidelines of the COP27 summit in Egypt.



“We need the United States and China to step up,” Macron said on the sidelines of the COP27 summit in Egypt, the Agence France-Press (AFP) also reported.


More than 100 world leaders have started arriving in Sharm el-Sheikh for the UN’s annual climate change summit, attempting to maintain momentum in the battle to curb planet-warming emissions.



Despite an early breakthrough that put the issue of compensating poorer countries for the impact of climate change on the agenda for the first time, delegates are downbeat on prospects for big new commitments.


Rising energy prices, accelerated by Russia’s war in Ukraine, have led many governments to prioritize the security of supply over the transition to cleaner energy.





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