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Evening Standard
Evening Standard
World
Bill McLoughlin

COP27: Landmark ‘loss and damage’ fund for at risk states agreed

Delegates applauds as COP27 President Sameh Shoukry delivers a statement during the closing plenary at the COP27 climate summit

(Picture: REUTERS)

Negotiators at the COP27 summit agreed a landmark “loss and damage” fund for states at risk of the impacts of climate change.

After tense negotiations throughout the night, the final deal was agreed at 7am in Sharm el-Sheikh, 36 hours after the summit’s Friday night deadline.

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