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The Guardian - UK
The Guardian - UK
Environment
Fiona Harvey, Adam Morton and Patrick Greenfield in Sharm el-Sheikh

Cop27 talks continue over EU climate loss and damage fund proposal

European Commission vice-president Frans Timmermans speaks at the COP27 climate summit in Sharm el-Sheikh, Egypt
Frans Timmermans, vice-president of the European Commission, said EU member states would only provide cash to poorer countries suffering the effects of climate breakdown if ‘the donor base was broadened’. Photograph: Emilie Madi/Reuters

Crucial climate talks have dragged on past their deadline with no end in sight, as governments wrangle over how to pay for the rebuilding of poor countries ravaged by climate breakdown.

There was turmoil in the negotiating halls of the Cop27 UN summit in Egypt. Delegates rushed from room to room as countries scrambled to decide their response to a last-ditch proposal from the European Union that would establish a new fund providing cash for countries suffering climate-related disaster, known as loss and damage.

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