
Amid sky-high energy prices, Russia's war in Ukraine, and an ongoing global pandemic, the 27th United Nations climate change conference, or COP27, drew to a close with mixed results on Sunday.
The negotiations in Sharm el-Sheikh, Egypt, ended with a historic agreement to set up a fund for "loss and damage," a shorthand for the unavoidable effects of climate change that the developing world is disproportionately grappling with. But on a suite of other measures — such as phasing down the use of oil and gas and increasing funding for adaptation — COP27 delivered little progress, keeping the world on a path that will lead to warming of more than 1.5 degrees Celsius (2.7 degrees Fahrenheit), a critical threshold for avoiding catastrophic climate disruptions.