Despite establishing a "loss and damage" fund to help developing countries deal with the impacts of climate disasters, the negotiations at the annual United Nations Climate Change Conference in Egypt this year still failed to deliver meaningful commitments to phase out fossil fuels and combat the climate crisis.
Since the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), held from Nov 6 to Nov 20 in Sharm El-Sheikh, came to an end, climate activists have voiced their disappointment over the outcome of the conference, saying world leaders have yet to come out with substantive climate actions to limit global warming to 1.5C as per the Paris Agreement.
