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In a historic first, rich countries will pay for losses and damages caused by climate change

Loss and damages fund has long been a demand of the developing world, which is facing the brunt of climate change. At COP27, talks over the fund nearly broke down late Saturday.

IISD in the news November 20, 2022

COP27 ends with historic compensation fund; delivers less on other issues

The UN climate summit in Egypt concluded on Sunday with a landmark decision to establish a fund to address loss and damage, but the outcome on other crucial issues such as India's call for phase down of all fossil fuels reflected little progress.

IISD in the news November 20, 2022

COP27 Ends With Historic Decision On Damage Fund, Little Progress On Other Issues

While the UN climate summit in Egypt concluded with a landmark decision to establish a fund to address loss and damage, the outcome on other crucial issues like phaseout of all fossil fuels reflected little progress when compared to the deal struck a year ago in Scotland.

IISD in the news November 20, 2022

COP27 Ends With Historic Compensation Fund; Heeds India's Call For Sustainable Lifestyle

The UN climate summit in Egypt concluded on Sunday with a landmark decision to establish a fund to address loss and damage, but the outcome on other crucial issues such as India's call for phasedown of all fossil fuels reflected little progress.

IISD in the news November 20, 2022

COP27 Summit Ends On A Historic Note

While the UN climate summit in Egypt concluded with a landmark decision to establish a fund to address loss and damage, the outcome on other crucial issues such as India's call for phasedown of all fossil fuels reflected little progress when compared to the deal struck a year ago in Scotland.

IISD in the news November 20, 2022

Rich countries agree to establish loss and damage fund at UN climate summit

In a breakthrough in global climate negotiations, wealthy nations have finally agreed to set up a fund to pay damages to vulnerable countries for loss and damage due to climate change, but little progress was made on other critical issues, including a faster phase-out of all fossil fuels.

IISD in the news November 20, 2022

COP27 ends with historic compensation fund; little progress on other issues

While the UN climate summit in Egypt concluded with a landmark decision to establish a fund to address loss and damage, the outcome on other crucial issues such as India's call for phasedown of all fossil fuels reflected little progress when compared to the deal struck a year ago in Scotland.

IISD in the news November 20, 2022

COP 27 Side Event | A Just Energy Transition for a Healthy Fossil-Free World

This COP 27 hybrid side event will explore the key principles for just energy transition that are needed to deliver a clean energy future for a thriving and healthy society.

Conference November 18, 2022

Canada, Other Countries Urged to End Fossil Financing, Shift $28B Per Year to Clean Energy

A COP 27 event marked the Glasgow Statement’s one-year anniversary by urging Germany, Italy, Canada, and the United States to live up to climate promises that could shift US$28 billion per year from fossil fuels to clean energy.

IISD in the news November 18, 2022

If oil and gas companies aren't cutting emissions at peak profits, when will they get in the game?

Canadian oil and gas companies were in Egypt last week for the global climate summit COP27 — among some 636 fossil fuel lobbyists — to position themselves as leaders in industry emissions reductions at an event hosted by the Canadian government.

IISD in the news November 17, 2022