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Importantly for wealthy countries, the text avoids terms like 'liability' and 'compensation.' Those had been red lines for the United States.

Developing nations were jubilant at the close of COP27 as negotiators from wealthy countries worldwide agreed to establish a “loss and damage” fund for vulnerable countries harmed by climate change - but the fund might not materialize in the way that developing countries hope. Read more»

As world leaders gather in Sharm el-Sheikh, Egypt, to discuss global climate policy at the 27th annual UN climate conference, Arizona leaders are working on the implementation of climate policy across the state.

Stark words greeted the leaders who have gathered in Egypt to discuss climate change at the United Nation’s annual conference - words that resonate with climate experts and some political leaders in Arizona, who are taking their own steps in the absence of a statewide policy. Read more»

The last climate conference, COP26 in Glasgow, nearly fell apart over frustration that international finance wasn’t flowing to developing countries and that corporations and financial institutions were greenwashing – making claims they couldn’t back up.

Despite frustrating sclerosis in the negotiating halls as countries meet at COP27, the United Nations summit on climate change, the pathway forward for ramping up climate finance to help low-income countries adapt to climate change and transition to clean energy is becoming clearer. Read more»

The United States Council for International Business pushed back against any suggestion that there should be limits on corporate interests at the climate talks.

There are more than 600 fossil fuel lobbyists at the COP27 climate conference, a rise of more than 25% from last year and outnumbering any one frontline community affected by the climate crisis. Read more»

A series of symbolic moves on climate finance at COP27 suggests positive momentum could be starting to build on a pivotal issue at the UN summit in Egypt. Read more»