COP27: Landmark win on loss and damage fund

COP 27 delivered on what was the ‘litmus test’ for its success – consensus on the establishment of a fund on loss and damage. What seemed impossible was made possible, largely due to the unity of the G77 and China and the role of the Egyptian Presidency. Also important were

Loss and damage fund saves COP27 from the abyss

They were on the brink of shipwreck and did not leave happy, but did feel satisfied that they got the best they could. The countries of the global South achieved something decisive at COP27: the creation of a special fund to address the damage and loss caused by climate change

Historic loss and damage fund takes COP27 to the edge

After a tense impasse and many hours of negotiations, almost 200 countries struck a deal to set up a loss and damage fund to assist nations worst hit by climate change – a demand considered not-negotiable by the developing countries. COP27 was extended by a day after negotiators couldn’t agree on

COP27: Historic climate compensation deal approved

Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries' carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts.Talks on the overall

COP27: EU shakes up talks with surprise disaster fund offer

Climate talks appeared stalled late night Thursday on major issues going into the final day, but possibilities for a deal were buoyed by an unexpected proposal by the European Union on two of the thorniest issues, tying compensation for climate disasters to tougher emissions cuts. Minutes after the United Nations