Will rich nations pay for the climate ‘loss and damage’ fund?

A historic fund to assist weak international locations worst affected by local weather change was adopted on the COP27 summit.

Rich nations have lengthy refused to compensate poor international locations struggling to deal with the consequences of local weather change, fearing authorized legal responsibility.

However after greater than three many years, diplomats from roughly 200 nations made a breakthrough on the COP27 summit and agreed to ascertain a “loss and harm” fund.

The deal was a giant win for weak nations who bear the brunt of flooding and droughts – regardless of contributing comparatively far much less to the carbon emissions which are inflicting international warming. We check out probably the most contentious points at this yr’s local weather summit.

Elsewhere, we take a look at why the UK faces its sharpest fall in residing requirements on report.

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