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A Showdown on Reparations Is Looming for UN Climate Talks

· Fred Pearce · last updated

Developing nations have pushed demands that rich nations provide compensation for climate-caused “loss and damage” atop the agenda for next month’s climate talks in Egypt. With the U.S. and EU resisting, analysts say this key issue must be addressed if COP27 is to be a success.

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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.

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