COP27 deal delivers landmark on Loss and Damage but little else
1 year ago
1
Countries adopted a hard-fought final agreement at the COP27 climate summit early on Sunday (November 20) that sets up a fund to help poor countries being battered by climate disasters - but does not boost efforts to tackle the emissions causing them.
After tense negotiations that ran through the night, the Egyptian COP27 presidency released the final text for a deal and simultaneously called a plenary session to quickly gavel it through.
The swift approval for creating a dedicated loss and damage fund still left many of the most controversial decisions on the fund until next year, including who should pay into it.
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