<span>UN summit warns against climate backsliding, hopeful on financing</span>

Al-Monitor | Nov 6, 2022 at 12:35 PM
  • The UN’s COP27 climate summit kicked off Sunday in Egypt with warnings against backsliding on efforts to cut emissions and calls for rich nations to compensate poor countries after a year of extreme weather disasters.
  • After two days of intense pre-summit negotiations, delegates agreed on Sunday to put the “loss and damage” issue on the COP27 agenda, a first step towards what are sure to be difficult discussions.
  • Cooperation between the United States and China — the world’s two largest economies and carbon polluters — has been crucial to rare breakthroughs in the nearly 30-year saga of UN climate talks, including the 2015 Paris Agreement.