Financing for climate damages put on COP27 agenda

Financing for climate damages put on COP27 agenda
AFP
Sunday 6 November 2022 - 17:46

The COP27 climate summit agreed Sunday at its opening session to discuss specific financing to help vulnerable nations cope with unavoidable damages caused by global warming, a controversial issue known as “loss and damage”.

Inclusion of the agenda item “reflects a sense of solidarity and empathy for the suffering of the victims of climate-induced disasters,” said COP27 President Sameh Shukri of Egypt.

“We all owe a debt of gratitude to activists and civil society organisations who have persistently demanded the space to discuss funding for loss and damage,” he said to applause.

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