Tortuous negotiations at COP27 yielded an important break-through – the agreement to set up a loss and damage fund, oftenreferred to as climate compensation fund. A compensation fund at climate talks is not new – the 2015 landmark Paris Agreement mentions it. However, acting upon it is a big step forward because it had to clear two hurdles. One, the largest emitters historically had to accept responsibility for irretrievable damage as warming above pre-industrial levels is already having an effect. Second, as COP27 works on consensus, everybody had to come on board.
Diese Geschichte stammt aus der November 21, 2022-Ausgabe von The Times of India Hyderabad.
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Diese Geschichte stammt aus der November 21, 2022-Ausgabe von The Times of India Hyderabad.
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Deuba's party emerges as single largest party in poll
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