COP27 brings climate fund breakthrough at the cost of progress on emissions

COP27 brings climate fund breakthrough at the cost of progress on emissions

The COP27 climate summit ends after a marathon weekend of negotiations The final agreement brings about the creation of a historic climate finance fund Negotiators say some have blocked stricter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Countries closed this year’s U.N. climate summit on Sunday with a hard-fought agreement to create a … Read more

COP27 is nearing a breakthrough on climate finance in the quest for a final deal

COP27 is nearing a breakthrough on climate finance in the quest for a final deal

The countries are studying the details of the new draft agreement Delegates herald a possible breakthrough in loss and damage The US proposes a “phase-out” of fossil fuels Some nations want firmer goals in long-term activity Sharm EL-SHEIKH, Egypt, Nov 19 (Reuters) – Negotiators at the COP27 climate summit in Egypt were on Saturday close … Read more