The UN's COP27 summit in Egypt adopted on Sunday a climate agreement that calls for rapid cuts in emissions in efforts to slow global warming.
November 20, 2022 1:42pm
Delegates applauded after the loss and damage fund was adopted as the sun came up Sunday following days of marathon negotiations over the proposal. But that failed to go much further than a similar decision from last year's meeting in Glasgow on key issues around, disappointing observers. UN chief Antonio Guterres said the UN climate talks had "taken an important step towards justice" with the loss and damage fund.
Conversely the deal on loss and damage — which barely made it onto the negotiation agenda — gathered critical momentum during the talks. Pakistan's Climate Minister Sherry Rehman said prior to the fund's approval that its creation would be "a historic reminder to vulnerable people all over the world that they have a voice and that if they unite... we can actually start breaking down barriers that we thought were impossible".
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