'Loss and Damage' fund adopted at COP27 climate summit in Egypt
Shortpedia
Content Team
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The 27th UN Conference of Parties (COP27) on Sunday agreed for establishing the special "Loss and Damage Fund." The "Loss and Damage Fund" will help to make up for the losses suffered by developing nations that are vulnerable to climate change. The delegates at the COP27 applauded after the "Loss and Damage" fund was adopted after days of negotiations over the proposal.
