India, Nov. 29 -- At COP30, 28 low-income nations urged high-income countries to adopt a GHG pricing mechanism targeting industrial meat production.

They cited overconsumption and disproportionate emissions.

They called for at least 20 per cent of revenues to support a Loss and Damage Fund.

If wealthy nations won't reduce their greenhouse gas (GHG) emissions from industrial livestock sector voluntarily, they must pay for the climate damage it causes by way of a GHG emission pricing mechanism. This is what 28 low-income countries across Africa and Pacific demanded in the just concluded COP30, from high-income countries, that see overconsumption of meat.

Countries like Nigeria, Fiji, Uganda, Chad, Papua New Guinea, Liberia, among others...