Cop27 reaches landmark deal on climate damage fund, but little else

The COP27 deal did indeed agree on the loss and damage deal which will make the world's largest emitters pay for climate damage, but many climate negotiators, including France, said the deal lacked ambition. AP - Peter Dejong

Countries adopted a hard-fought final agreement at the Cop27 climate summit early on Sunday that will set up a fund to help poor countries battered by climate disasters, but does not boost efforts to tackle the emissions causing them. France said it regretted the agreement's "lack of ambition".

After tense negotiations that ran through the night in the Egyptian resort of Sharm el-Sheikh, the Egyptian Cop27 presidency released the final text for a deal in the early hours of Sunday morning.