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Politics
Adil Najam, Professor of International Relations, Boston University

MYSTERIOUS: Is the cop27 loss and damage fund for developing countries a breakthrough or an empty climate promise | Mind Blowing Facts

Egyptian Foreign Minister Sameh Shoukry closes COP27 in the early hours of Nov. 19, 2022. Christophe Gateau/picture alliance via Getty Images

Developing nations were justifiably jubilant at the close of COP27 as negotiators from wealthy countries around the world agreed for the first time to establish a dedicated “loss and damage” fund for vulnerable countries harmed by climate change.

It was an important and hard fought acknowledgment of the damage – and of who bears at least some responsibility for the cost.

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