COP27 ends with historic compensation fund for countries impacted by climate change; heeds India's call for sustainable lifestyle
Shortpedia
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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. The climate talks this year were held in the shadow of the Russian aggression in Ukraine and the related energy crisis which has strained the capabilities of countries to urgently tackle climate change.