As hundreds of world leaders descend on Sharm El Sheikh, Egypt, for the United Nations Climate Change Conference, officials are calling on rich nations to do more to stop climate change.
The UN Secretary General said during the opening of the climate summit that the Earth is on a road to climate hell.
The UN Secretary General said that the world is in the fight of its lives and is losing.
Al Gore said world leaders have a credibility problem when it comes to addressing climate change.
Gore said "we have to move beyond the era of fossil fuel colonialism" while slamming wealthy nations that try to take advantage of gas in Africa.
The U.S. and China should help poorer nations of the world deal with climate change, according to the president of France.
The implementation of a "loss and damage" fund is one of the most controversial issues up for debate at this year's summit. Despite putting out less greenhouse gas emissions than other countries, developing countries are more vulnerable to the effects of climate change. The proposition will be discussed by wealthy countries.
According to a study released on the opening day of the summit, billionaires release more greenhouse gases than the average person. 70% of the emissions are tied to billionaires' investment portfolios, according to a study.
The 27th Conference of the Parties, known as COP 27, began on November 6. The Paris Agreement was signed by countries in order to keep the effects of climate change to a minimum. The majority of nations have fallen short.
The UN chief warned at the Cop 27 summit that the world is on a road to climate hell.
There is a climate credibility problem for global leaders.
Germany's Scholz Accused of 'Energy Colonialism'.
The average person emits less greenhouse gases than billionaires.