Skip to main content
Gifts from The Morning Star
‘Global Shield’ fund launched to help poorer nations deal with climate change
But civil society groups warn the programme should not be used to distract from effort to get big polluters to pay for the loss and damage they have already caused
Climate activists participate in a demonstration at the designated protest zone for the Cop27 UN Climate Summit, Tuesday, November 15, 2022, in Sharm el-Sheikh, Egypt

AS THE Cop27 global climate conference began its second week in Sharm el-Sheikh, Egypt, on Monday, a new funding initiative to help poorer nations cope with the effects of climate change was launched by G7 nations.

Dubbed the Global Shield, the new mechanism is backed by the V20 group of climate-vulnerable nations and will initially receive more than $206 million (£173m) in funding.

At Cop27, the issue of loss and damage appeared on the agenda of a United Nations climate conference for the first time.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
DOLDRUMS: The 26th African Union Summit, 2016. Photo: GovernmentZA/Creative Commons
Features / 4 September 2025
4 September 2025

As the Alliance of Sahel States and southern African nations advance pan-African goals, the African Union must listen and learn rather than parroting the Western line on these positive developments, writes ROGER McKENZIE

A Palestinian girl walks past a heavily damaged building in the Rimal neighborhood, in Gaza City, Sunday, Aug. 31, 2025, a day after it was hit by an Israeli military strike that killed several people
Gaza / 1 September 2025
1 September 2025
A general view of staff on a NHS hospital ward
Features / 29 August 2025
29 August 2025

Money makers already exploit cleaning and catering contracts while the military-industrial complex diverts billions from health to warfare — but Bevan’s vision will endure as long as people fight for it, writes ROGER MCKENZIE

Similar stories
Activists participate in a demonstration at the Cop29 UN Cli
Britain / 24 November 2024
24 November 2024
Activists participate in a demonstration for phasing out fos
Features / 20 November 2024
20 November 2024
TOM HARDY traces how these climate conferences have been captured by fossil fuel interests while CO₂ levels have continued to rise since 1995 — but XR’s citizen assemblies and direct action have offered an alternative