Ryan wants aviation, shipping, and fossil fuel firms to pay for climate impact

Minister Eamon Ryan said: 'The question I'll be asking this week and pushing with my colleagues — in global aviation and shipping and fossil fuel companies — are there ways in which they can make a contribution towards the loss and damage fund, or climate finance fund?' Picture: Leah Farrell/RollingNews.ie

International aviation, shipping, and fossil fuel firms should cough up funds towards so-called "loss and damage" and "climate finance" efforts to protect countries most vulnerable to climate change, according to Environment and Transport Minister Eamon Ryan.

Speaking at the Cop27 climate change summit in Egypt, the minister said he expects pushback from the likes of Saudi Arabia on compelling fossil fuel companies to be on the hook for climate compensation, but that nevertheless, he would push for it.