This year's COP27 climate summit in Egypt headed into its final week on Monday with nearly 200 countries racing to strike a deal to steer the world towards cutting planet-warming emissions and scale up finance for countries being ravaged by climate impacts.
on climate change, which China halted earlier this year, could help boost negotiations at COP27.
"It's a well known fact that the United States and many other countries will not establish ... some sort of legal structure that is tied to compensation or liability. That's just not happening," U.S. climate envoy John Kerry told the conference on Saturday. That would put oil and gas consumer and producers in the spotlight, somewhat easing the focus on nations that, like India, rely heavily on burning coal for energy. Observers in the negotiations said India's proposal is likely to hit resistance from major oil and gas producers like Saudi Arabia.
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