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.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Tollywood was happy hunting turf for conman
Kept Database Of Mobile Nos. Of Film Celebs
State-funded Metro to chug into RGIA in 3 yrs
Residents’ Plea To KTR To Extend Other Rail Lines
Rajiv Makhni becomes the face of smart tech luggage with proximity indicator
The VIP SmarTech series, a range of smart travel gear, keeps you connected with your luggage via your smartphone
I want to reach out to Samantha and tell her that if I can make it, so can you, says Vikram Bhatt
The filmmaker opens up about his 18-year-long battle with fibromyalgia, a chronic disorder that causes widespread muscle pain
Rain ruins second ODI
The match was reduced to 29-overs-a-side as the first interruption caused a four-hour break. India were 22 for no loss in the fifth over at that time.
Croatia come in hard, show Canada the exit
After their dour opening draw with Morocco had instigated a post-mortem into whether this Croatia side lacked a killer instinct, Kramaric and Marko Livaja found the net before the break to take the wind out of Canada’s sails.
Denmark calls on Euro 2020, Eriksen experience
Denmark has been here before.
Ronaldo targets KO berth
Win Vs Uruguay Will Help Portugal Advance With A Game To Spare
Govt doubles large aircraft wet lease period to 1 yr
Accordingly, IndiGo can now wet lease two twin aisles to operate flights between Delhi/Mumbai and Istanbul for a year.
Deuba's party emerges as single largest party in poll
Elections to the House of Representatives and seven provincial assemblies were held on November 20.
