
The question of whether rich nations should offer funding to vulnerable states hit by climate-fuelled disaster has dominated negotiations among nearly 200 countries at this year's U.N. climate summit in Egypt.
The COP27 summit follows a year of such disasters, from floods that killed more than 1,700 people in Pakistan to drought withering crops in China, Africa and the U.S. West. That has intensified developing country demands for a dedicated "loss and damage" fund, which rich countries have for years resisted.