
SHARM EL-SHEIKH, Egypt: A European Union proposal buoyed hopes of progress at the COP27 climate summit on Friday, its final scheduled day, as the 27-country EU said it would back one of the most contentious proposals — financing for countries harmed by climate-fuelled disasters.
But with several other sticking points dogging this year’s United Nations climate talks, host country Egypt said a final deal was still not expected before the weekend.