‘Loss, Damage’ Funding…A Climate Breakthrough Threatened by ‘Details’

A press conference for the "Climate Action Network" discussed the issue of “loss and damage” funding during COP27 (Asharq Al-Awsat)

COP27 President Sameh Shoukry has affirmed the success of negotiations on world countries adopting for the first time a climate agenda item on the most important issue of establishing a “loss and damage” fund.

Despite being labeled a breakthrough, the step will usher in complex discussions that will determine progress on the matter.