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The Guardian - UK
The Guardian - UK
World
Damian Carrington Environment editor

Money talks: why climate finance at Cop27 is key to beating global heating

Climate justice scales sculpture
An installation called Climate Justice Scales outside Cop26 in Glasgow, Scotland, last year. Composite: Guardian Design/Reuters

Money is likely to be a flashpoint at the UN Cop27 climate summit starting on Sunday in Egypt, where world leaders will attempt to tackle the climate crisis.

The initial sums involved are just a month’s worth of the fossil fuel industry’s profits. Yet, say experts, the failure so far to deliver promised funding has corroded international trust so much that it could undermine the whole UN process – the only global forum for fighting global heating.

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