COP27 to formally discuss climate compensation for poorer nations

COP27 puts climate compensation on agenda for first time

Delegates at the the UN's COP27 climate summit in Egypt agreed to discuss whether rich nations should compensate poor countries most vulnerable to climate change for their suffering.

COP27 kicks off in Egypt with an agreement to open negotiations on compensation for climate damage

The 27th United Nations Climate Change Conference (COP27), which begins this Sunday in Sharm el Sheikh, Egypt, has already brought first good news after an agreement reached to officially open negotiations on economic compensation for crises caused by extraordinary weather events, according to a document to which Bloomberg has had access. The pact will allow diplomats and leaders displaced to Egypt to discuss this issue officially for the first …

Loss and damage: Fight over human harm, huge climate costs

It was a total loss — the type that is usually glossed over in big impersonal statistics like $40 billion in damage from this summer's Pakistan floods that put one-third of the nation underwater.“We lost everything, our home and our possessions,” said Taj Mai, a mother of seven who is four months pregnant and in a flood relief camp in Pakistan’s Punjab province. “At least in a camp our children will get food and milk.”This is the human side of a…

Loss and damage: Fight over human harm, huge climate costs

It was a total loss — the type that is usually glossed over in big impersonal statistics like $40 billion in damage from this summer's Pakistan floods that put one-third of the nation underwater.“We lost everything, our home and our possessions,” said Taj Mai, a mother of seven who is four months pregnant and in a flood relief camp in Pakistan’s Punjab province. “At least in a camp our children will get food and milk.”This is the human side of a…

Loss and damage: Fight over human harm, huge climate costs

SHARM EL-SHEIKH, Egypt (AP) — It was a total loss — the type that is usually glossed...

Loss and damage: Fight over human harm, huge climate costs

An issue called loss and damage will likely dominate difficult climate talks in Egypt this month