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Compromises with little benefit at COP27
The decision to fund poor and vulnerable nations that are experiencing some of the worst effects of a changing climate, while welcome, is being criticised as a distraction from the lack of outcomes at the annual UN Climate Change Conference
The Conference of the Parties failed to make progress in Egypt around key goals of reducing emissions to hold the world’s temperatures at 1.5 degrees or closing the funding gap to support the world’s poorest nations to adapt to extreme weather and reduce emissions, though University of Canterbury Professor Bronwyn Hayward says the establishment of a Loss and Damage fund is a significant win. Continue →