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
Tag: loss and damage fund
Loss and damage fund saves COP27 from the abyss
Historic loss and damage fund takes COP27 to the edge
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