News

COP27 deal still needs "tremendous amount of work" - EU's Timmermans

Reuters · Reuters · last updated

A tremendous amount of work is needed to turn a draft COP27 text into something all parties can agree on, European Union Climate Policy Chief Frans Timmermans told Reuters on Thursday.

Related Knowledge Center: Climate diplomacy: COP 27

State of Play

The 27th Conference of the Parties (COP 27) produced a groundbreaking agreement to create a “loss and damage” fund to help developing nations cope with the impact of climate change.

But the conference, held from Nov. 6 to Nov. 20, 2022, in Sharm el-Sheik, Egypt, fell short of a hoped-for agreement to speed reductions of greenhouse gas emissions.

More informationabout Climate diplomacy: COP 27