Maximpact Blog

COP27: At-Risk Nations Celebrate New Climate Loss, Damage Fund

Overwhelmed by storms, drought, and rising seas, stressed out developing countries won creation of a fund for loss and damage at the UN’s annual climate conference, COP27. More than 45,000 participants gathered in this resort town at the tip of the Sinai Peninsula to negotiate implementation of the 2015 Paris Agreement on climate, build coalitions, solve problems, and find financing.

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