EU owe $11.36 TRILLION to Cop27 Loss & Damage Fund – new report

By Nick Rosen Europe’s 60 years of growth – time has come to pay the billCalculations by show the EU total liability under the new Cop27 agreement announced in Egypt today, is $11.36 trillion.
Assets of the Loss & Damage fund are currently standing at zero, but countries will be under pressure to contribute quickly. The speed at which this should be paid is open to debate and clearly depends on what each country can afford, but the total EU bill is relatively easy to calculate.
About $2 trillion of the $11.4 trillion is directly attributable to the EU itself, rather than being owed

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