After days of intense negotiations that stretched into early Sunday morning in Sharm el-Sheikh, countries at the latest UN Climate Change Conference, COP27, reached agreement on an outcome that established a funding mechanism to compensate vulnerable nations for ‘loss and damage’ from climate-induced disasters.
negotiations
COP27 is scheduled to wrap up in 24 hours but countries remain divided on several significant issues including ‘loss and damage’, the UN Secretary-General said on Thursday, urging parties to rise to the urgency of the moment and agree on real solutions to solve the greatest challenge facing humanity.
UN Secretary-General António Guterres has again called for an immediate humanitarian ceasefire in Ukraine to allow delivery of life-saving aid as well as evacuations, his spokesperson said on Monday.