The G77+China group walked out of negotiations on “Loss and Damage” in the ongoing United Nations Climate Change conference in Warsaw. The walk-out followed the developed countries' refusal to change their position that the matter would be discussed only after 2015—the year when the world is expected to sign a new climate agreement. Loss and Damage refers to the demand for compensation from the poorest and most vulnerable countries for the damages caused by impacts of climate change which cannot be prevented even by adaptation.
Rich countries, including the US and Australia, have been against setting up a separate mechanism on compensation on Loss and Damage.
According to media reports from Warsaw, the developed countries continued to demand that the issue be discussed only after 2015 in a closed door meeting of representatives. G77+China group had earlier warned that if the rich countries did not change their position, it would walk out of the talks.