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Cop27: EU agrees to finance fund for poorer countries – live


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The European Union has backed a loss and damage fund, one of the key demands of developing countries at the climate talks

Here is the latest from Carbon Brief’s senior policy editor Simon Evans on how close we are to agreement.

I grabbed a word with Canada’s environment minister Steven Guilbeault at their Cop27 pavilion this morning. He said Canada is supportive of the EU’s proposal on loss and damage, but countries like China, Saudi Arabia and Qatar should contribute to the fund given their historical emissions and wealth.

Continue reading…The European Union has backed a loss and damage fund, one of the key demands of developing countries at the climate talksHere is the latest from Carbon Brief’s senior policy editor Simon Evans on how close we are to agreement. I grabbed a word with Canada’s environment minister Steven Guilbeault at their Cop27 pavilion this morning. He said Canada is supportive of the EU’s proposal on loss and damage, but countries like China, Saudi Arabia and Qatar should contribute to the fund given their historical emissions and wealth. Continue reading…