COP27 summit agrees on landmark climate 'loss and damage' fund, but does little to encourage rapid cuts to fossil fuel use

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COP27 summit agrees on landmark climate 'loss and damage' fund, but does little to encourage rapid cuts to fossil fuel use Delegates from nearly 200 counties at the COP27 climate summit have agreed to set up a "loss and damage" fund meant to help vulnerable countries cope with climate disasters, in a landmark deal early Sunday morning in Sharm el-Sheikh, Egypt.
 
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