Financing for climate damages put on COP27 agenda
November 7, 2022
Online desk: The COP27 climate summit agreed Sunday at its opening session to discuss specific financing to help vulnerable nations cope with unavoidable damages caused by global warming, a controversial issue known as “loss and damage”.
Inclusion of the agenda item “reflects a sense of solidarity and empathy for the suffering of the victims of climate induced disasters,” said COP27 President Sameh Shukri of Egypt.
“We all owe a debt of gratitude to activists and civil society organisations who have persistently demanded the space to discuss funding for loss and damage,” he said to applause.
