One week into this year's U.N. climate summit in Egypt, frustrations were starting to flare as negotiators worried about resolving myriad details in time for a deal by the summit's scheduled close on Friday.
A view of a logo of the COP27 climate summit in Sharm el-Sheikh, Egypt, November 11, 2022. REUTERS/Mohamed Abd El Ghany
Those pledges include making steep cuts in climate-warming emissions within this decade and contributing to hundreds of billions of dollars needed each year by developing nations already struggling to cope with the impacts of climate change. COP27 featured no public events on Sunday, dubbed by organizers as a "day of rest," during which thousands of attendees hit the local beaches and tourist shops."There's just a lot to get done in five days," said Tom Evans, a policy analyst for the E3G non-profit think tank.
Developing nations have demanded that COP27 agree to launch a special fund to address loss and damage. The United States and other rich nations are"Developing countries continue to push for the set up of a finance facility for loss and damage to make it fully operational by 2024," said one negotiator from Latin America, speaking on condition of anonymity due to the sensitivity of the talks.
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