At COP27, climate ‘loss and damage’ funding makes it on the table

The agreement to put funding to address “loss and damage” on the negotiating agenda came amid sustained pressure from small island states and other vulnerable nations.

Warned that mounting economic crises should not delay action on increasingly obvious global warming threats, climate negotiators agreed at U.N. talks on Sunday to start discussions on a funding plan to help climate-hit countries cope with surging losses.