During this year's COP27 session, the United Nations and its supporting members finally agreed on the "Climate Change Loss & Damage Fund" for the poorest and most affected countries. A deal was ultimately reached in response to the long-standing demands of the third world and other environmentally conscious nations. Since submitting our petition, we have contacted practically all of the nations, particularly the UN department dealing with climate change, to urge them to establish such a fund.
We don't think the UN or other nations would have even given our petition a second thought, but we are thrilled to be a part of this endeavor and delighted to learn that such a fund has been established just a few months after our petition was submitted. The concept of a "loss and damage fund" has been around for many years, and hundreds of persons and organizations have tried to establish one through the UN. This is a win for the entire world, and all of those people and things are truly heroes. As we work to ensure a brighter future for future generations, all of our petition signers and supporters should be proud to support our cause.
Loss and damage funds are a fantastic start, but the world needs to develop a system of checks and balances for the biggest polluters and the root of the issue. The world's nicest and most environmentally sensitive nations have pledged to a "loss and damage fund," but the best course of action would be for everyone to agree on a system where the greatest polluters—countries, and corporations—support the fund according to their GDP and pollution index.
We congratulate the UN on reaching this significant milestone and look forward to working with the UN and its members to improve the fund so that the most polluting nations and corporations can start contributing to it based on their pollution index, which motivates them to implement internal changes to reduce pollution and create a better world for us and future generations.
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