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COP27 starts with success for developing countries

The climate conference in Egypt is supposed to become an “implementation COP”. Instead of making new promises, the old ones are to be honored: More money for loss and damage, climate finance and climate adaptation. Furthermore, fossil fuels could make a comeback. 
By
Lukas Scheid
Image of Lukas Scheid

The COP27 in Sharm el-Sheikh started with a first victory for the developing countries: Dealing with loss and damage resulting from climate change in the global South will become a so-called “Agenda Item” and is thus officially on the agenda of the climate conference. The issue of loss and damage has so far divided rich and poor countries. According to Egypt’s Foreign Minister Sameh Shoukry, the breakthrough was reached after 48 hours of tough negotiations. A final decision on loss and damage will be sought “no later than 2024,” said Shoukry, who was elected COP president on Sunday. 

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