Cop27: EU agrees to finance fund for poorer countries – live

The European Union has backed a loss and damage fund, one of the key demands of developing countries at the climate talks

Megan Darby, editor of ClimateHome, is also going through the new text (which dropped, she says, a couple of hours after they’d sent out the newsletter).

She points out that the demand for fossil fuel phase-down which many people wanted still has not made the cut. But also adds:

Provocative basic language on “deep regret” that developed countries are so rubbish has gone.

Continue reading…

(SOURCE) https://www.theguardian.com/environment/live/2022/nov/18/cop27-egypt-eu-finance-fund-poorer-countries-climate-conference-live

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