At COP27, an 11th-Hour Deal Comes Together as the US Reverses Course on ‘Loss and Damage’

SHARM El-SHEIKH, Egypt—A new COP27 agreement that establishes a funding mechanism to compensate developing countries for losses and damages caused by global warming may be the biggest breakthrough in global climate policy since the 2015 Paris Agreement.  The deal was reached as two weeks of nail-biting negotiations here went into overtime with little to show […]

Read More

Parties at COP27 Add Loss and Damage to the Agenda, But Won’t Discuss Which Countries Are Responsible or Who Should Pay

SHARM EL-SHEIKH, Egypt—The United Nations climate summit officially opened on Sunday with the addition of negotiations over funding to compensate nations for “loss and damage” funding as an official agenda item. Inclusion of the controversial topic—which poorer countries that are enduring the greatest harms from climate change see as critical to fairness in addressing global […]

Read More