10min chapter

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Damage collateral: a tide turns at COP27

Economist Podcasts

CHAPTER

Navigating Climate Funding at COP27

This chapter explores the outcomes of COP27, particularly the establishment of a fund for loss and damage due to climate change. It highlights the tension between developed and developing nations, the achievements in securing financial support, and the challenges faced in negotiations. Additionally, it discusses the ongoing need for rethinking global financial systems to ensure effective responses to climate impacts.

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