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The African Group of Negotiators (AGN) say they are prepared to extend critical aspects of the Conference of Parties (COP25) negotiations at the UN climate talks that were expected to be concluded this week in Madrid, Spain.
In an earlier media briefing, the AGN reaffirmed its position that the continent is not prepared to remain on the losing end of climate finance.
Developed countries have so far failed to agree to a new financial mechanism that would see developing countries compensated for the loss and damage already caused by climate change.
The negotiating team says it would rather extend talks to next year than leave COP25 with a deal that does not work for developing nations.
The Warsaw International Mechanism on Loss and Damage was adopted in 2013 in Poland to differentiate between adaptation and irreversible impacts (loss and damages) caused by global warming.
According to the United Nations Framework on Climate Change (UNFCC) to which the COP is tied, the Warsaw Mechanism was developed to enhance action and support -- including for finance, technology and capacity-building -- to address loss and damage associated with the adverse effects of climate change.
Tunicia Phillips filed this report from the AGN briefing.
