Monday 21 November 2022

Historic compensation fund approved at U.N. climate talks in Egypt

Historic compensation fund approved at U.N. climate talks in Egypt

In a historic first, countries have agreed to set up a fund to help pay for the devastating impact of climate change on poorer nations, according to a deal unveiled on Sunday after marathon talks. “It is clearly a down payment on the longer investment in our joint futures,” said Sherry Rehman, environment minister of the flood-hit Pakistan.

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