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Big Oil blamed for environmental harm at SIDS summit

Big Oil blamed for environmental harm at SIDS summit

Excerpt and Photo from barbadostoday.bb

Fossil fuel companies must accept responsibility for environmental devastation caused by their pursuit of profit, the Prime Minister of Antigua and Barbuda told the opening of the United Nations global conference on small island states here on Monday.

Gaston Browne, who is presiding over the UN Conference on Small Island Developing States (SIDS4), said oil firms that historically extracted oil globally, significantly contributing to the climate crisis, should be held accountable and help fund the transition to renewable energy.

The conference is the fourth summit on the fate of islands and coastal nations considered to be on the frontline of climate change and environmental degradation since the inaugural conference in Barbados in April 1994. The international community is expected to review SIDS’ sustainable development progress and propose a new decade of partnerships and solutions to supercharge their path to resilient growth.

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