A Breakthrough on Climate Compensation and 7 Other Takeaways From COP27
This year’s UN climate summit made history on loss and damage while also revealing obstacles to progress on curbing emissions.
A COP27 logo sign in the grounds of the Sharm El-Sheikh International Convention Centre in Egypt.
Photographer: Islam Safwat/BloombergThey got there in the end. After dawn on Sunday morning in Egypt, bleary-eyed ministers adopted a final agreement for COP27 and completed more than two weeks of UN climate negotiations in the Sinai peninsula.
The deal included a historic provision to set up a fund to help poorer countries face the harm caused by climate change, and that outcome was understandably celebrated by nations on the front line of a warming world. “A mission 30 years in the making has been accomplished,” said Molwyn Joseph, the minister from Antigua and Barbuda and chair of the AOSIS group of small island nations.