COP27 to formally discuss climate compensation for poorer nations

FILE PHOTO: Cracks run through the partially dried-up river bed of the Gan River, a tributary to Poyang Lake during a regional drought in Nanchang, Jiangxi province, China, August 28, 2022. REUTERS/Thomas Peter/File Photo

SHARM EL-SHEIKH, Egypt (Reuters) - COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations climate summit in Sharm el-Sheikh, Egypt.

Diplomats approved a much-disputed agenda item to talk about matters relating to "funding arrangements responding to loss and damage associated with the adverse effects of climate change, including a focus on addressing loss and damage."