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Reuters
Reuters
Environment
By Kate Abnett, Shadia Nasralla and Gloria Dickie

COP27 nears breakthrough on climate finance in scramble for final deal

Cop27 Egypt John Kerry Mohamed Abd El Ghany European Union Sharm elSheikh
A general view of the entrance to the Sharm El-Sheikh International Convention Centre grounds, during the COP27 climate summit, in Sharm el-Sheikh, Egypt, November 19, 2022. REUTERS/Mohamed Abd El Ghany

Negotiators at the COP27 climate summit in Egypt neared a breakthrough deal on Saturday for a fund to help poor countries being ravaged by the impacts of global warming, but remained locked over how to reduce the greenhouse gas emissions driving them.

With a final climate accord already more than a day overdue, representatives of nearly 200 nations were anxious for an agreement they could bill as a step forward in the fight against climate change.

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