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Countries were considering a draft for a final COP27 climate deal on Saturday, with some negotiators saying they were close to a breakthrough in contentious efforts to compensate poor nations already burdened by costly climate impacts. The U.N. climate agency released a new draft of the so-called cover decision on Saturday, but it was not…
At the COP27 climate summit, surprise final statement text that could provide cover to natural gas use deflated the sense of triumph after the U.S. and E.U. agreed for the first time to create a fund to pay for some countries’ climate losses
The outcome of the two-week summit in the resort town of Sharm el-Sheikh is a test of worldwide resolve to fight global warming.
By Kate Abnett, Shadia Nasralla and Gloria Dickie
But surprise text in the final deal on natural gas deflated the sense of triumph at the talks in Egypt, where the U.S. and E.U. had agreed for the first