The COP27 climate talks in Egypt, which had appeared close to collapse on Saturday morning, edged toward a last-minute deal after progress on a landmark agreement to pay poorer countries for harm caused by global warming.
The proposal would establish a new fund next year for the cost of climate disasters. As talks continued into the evening, negotiators were focused on language that would meet European demands for tougher action on mitigating climate change. But a group of countries, including Saudi Arabia, Brazil and China, were pushing back on strengthening the text, delegates said.
Hundreds of officials are closeted in closed-door negotiations trying to find a text that will satisfy almost 200 nations before ministers start heading home after two weeks of talks. A final version will then be taken to an open plenary session for a final sign off.
