After two weeks of negotiations, talks have been extended with countries unable to reach agreement on Friday
The main sticking point of Cop27 has been over the creation of a loss and damage fund – finance provided by rich nations to poorer ones to help them prepare for and recover from the worst impacts of climate breakdown.
Some, especially in the rightwing press, have framed this as “reparations”, a highly loaded term. It’s also misleading, as under article 8 of the Paris climate agreement it is explicitly made clear that loss and damage “does not involve or provide a basis for any liability or compensation”.
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