COP27 to formally discuss climate compensation for poorer nations

Reuters
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

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."

The conference runs from Nov. 6 through Nov. 18.

(Reporting by Gloria Dickie, editing by William James)