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Climate finance, COP27

Historic compensation fund approved at UN climate talks

Sharm El-Sheikh: Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries' carbon pollution, but an overall larger agreement still was up in the air because of a fight...

Climate finance, COP27

UN climate talks poised for deal creating disaster fund

Sharm El Sheikh (Egypt): Negotiators say they have struck a potential breakthrough deal on the thorniest issue of United Nations climate talks, the creation of a fund for compensating poor nations that are victims of extreme weather worsened by rich nations' carbon pollution. “There is...

Climate finance, COP27

UN climate talks drag into extra time with scant progress

Sharm El-Sheikh (Egypt): With tempers and temperatures rising, United Nations climate talks slogged into overtime Saturday, looking increasingly deadlocked over key issues such as funds for poor vulnerable countries smacked by extreme weather. “We're in limbo land,” said David Waskow, international climate director for the...

 

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