Endgame nears as countries consider explosive EU offer

It is all to play for here in the Sinai. The real haggling has begun.

The Europeans have put in an explosive offer.

It would require China and other developing countries joining developed nations in paying for the loss and damage climate change is causing the most vulnerable nations.

That would mean high emitting big economies like China, India, Saudi Arabia, Russia and South Korea would be on the hook for cash payments too.

Naturally they don’t like that.

Word from the negotiating rooms is that the Egyptian hosts have responded by dialling back the wording on the commitment to limiting temperature rises to 1.5C above pre-industrial levels.

Europe has responded by saying it is happy to walk away from the deal.

So, the question is are they serious, or is this just a bargaining ploy?

At this stage we just can’t say.