A chaotic UN climate summit in Egypt has produced a groundbreaking agreement for wealthy industrial countries to compensate poor nations for the ravages of climate change, but the talks failed to strengthen commitments to curb the use of fossil fuels.
Why it matters: It's the first formal deal to create a fund for "loss and damage," or payments to nations that played almost no role in causing global warming, yet face harm from encroaching seas, stronger storms and other escalating effects.
