Historic Compensation Fund Approved At UN Climate Talks

Stigmatis

“Loss and damage is a way of both recognizing past harm and compensating for that past harm,” said Dartmouth climate scientist Justin Mankin.

Activists encourage world leaders to maintain policies that limit warming to 1.5 degrees Celsius and provide reparations for loss and damage at the COP27 UN Climate Summit, Nov. 19, 2022, in Sharm el-Sheikh, Egypt.


Seth Borenstein, Samy Magdy and Frank Jordans | SHARM EL-SHEIKH, Egypt (AP) 19 Nov. 2022

Negotiators early Sunday approved a historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution, but an overall larger agreement still was up in the air because of a fight over emission reduction efforts.

After the decision on the fund was approved, talks were put on hold for 30 minutes so delegates could read texts of other measures they were to vote on.

The decision…

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