Vulnerable nations warn COP27 success rests on climate damage fund

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Vulnerable nations warn COP27 success rests on climate damage fund
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The COP27 climate summit in Egypt must establish a fund to help countries cope with the irreparable damage caused by climate disasters, ministers representing developing nations said on Thursday, warning that anything less would thwart the U.N. summit's chances of success.

were put on the agenda for the first time in nearly three decades of COP climate summits where poorer nations have urged richer countries to act.

He was speaking at a news conference of ministers representing groups of developing countries in the U.N. climate talks. Antigua and Barbuda chair a bloc of small island states. "It was discussed as an option the negotiations are fast and furious now... We want it announced here," Regenvanu said.of a possible deal document for COP27 published earlier on Thursday mentions loss and damage, but it does not include details for actually launching a fund.

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