COP27 to formally discuss climate compensation for poorer nations
World+Biz
06 November, 2022, 05:10 pm
Last modified: 06 November, 2022, 05:28 pm
Cracks run through the partially dried-up river bed of the Gan River, a tributary to Poyang Lake during a regional drought in Nanchang, Jiangxi province, China, August 28, 2022. REUTERS/Thomas Peter/File Photo
COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations climate summit in Sharm el-Sheikh, Egypt.
Diplomats approved a much-disputed agenda item to talk about matters relating to "funding arrangements responding to loss and damage associated with the adverse effects of climate change, including a focus on addressing loss and damage."
The conference runs from 6 Nov through 18 Nov.
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