COP27 summit strikes historic deal to fund climate damages

Sharm El Sheikh, Egypt (AFP) Nov 20, 2022

A fraught UN COP27 summit wrapped up Sunday with a landmark deal on funding to help vulnerable countries cope with devastating climate impacts – and deep disappointment over a failure to push further ambition on cutting emissions.

The two-week talks, which at times appeared to teeter on the brink of collapse, delivered a major breakthrough on a fund for climate “loss and damage”.

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