The UN Climate Summit has finally adopted the loss and damage fund to cover the losses suffered by vulnerable nations hit by the impact of global warming

COP27 climate summit adopts Loss and Damage fund

Egypt, the host country for COP27, desperately tried to save the UN climate talks on Saturday, as the European Union (EU) hinted at a resolution to the sensitive subject of "loss and damage" financing for countries that are susceptible to climate change. In order to further the battle against climate change as the world faces an increasing number of weather extremes, over 200 nations' delegates assembled in Egypt in the last two weeks at&nbsp;COP27.&nbsp;In a reversal, the US also&nbsp;said it wouldn’t block the creation of a climate damages fund for developing countries. Yet, no funding deal has been formalised.&nbsp;

However, disagreements emerged about raising the bar for fighting global warming as well as the conditions under which affluent polluters must pay "loss and damage" compensation to nations devastated by climate catastrophes.

After a paper presented by Egypt&nbsp;was squarely&nbsp;rejected by the EU, a source within the organisation said that at least the loss and damage problem had been "accepted" as far as the EU was concerned.

The Egyptian president on Saturday issued a draft&nbsp;paper on the establishment of a dedicated loss and damage fund. It borrows its terminology from three prior suggestions made by the EU, Britain, the G77, and the bloc of 134 developing countries led by China. However, it also seems to push some of the trickier issues, notably those pertaining to finance sources, until the next year.

The EU wants COP27 to adopt robust wording on reducing emissions and to reiterate the lofty objective of keeping global warming to 1.5 degrees Celsius over pre-industrial levels.

The world is presently off track&nbsp;and is projected to warm by about 2.5C under existing promises and plans, according to scientists, making this a significantly safer safeguard against catastrophic climate consequences.

In addition, the Egyptian COP27 chair unveiled a fresh version of the final declaration, which calls for stepping up "efforts towards the phasedown of unabated coal power and phase-out of wasteful fossil fuel subsidies."

(With inputs from agencies)

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Egypt, the host country for COP27, desperately tried to save the UN climate talks on Saturday, as the European Union (EU) hinted at a resolution to the sensitive subject of "loss and damage" financing for countries that are susceptible to climate change.

Egypt, the host country for COP27, desperately tried to save the UN climate talks on Saturday, as the European Union (EU) hinted at a resolution to the sensitive subject of "loss and damage" financing for countries that are susceptible to climate change. In order to further the battle against climate change as the world faces an increasing number of weather extremes, over 200 nations' delegates assembled in Egypt in the last two weeks at COP27. In a reversal, the US also said it wouldn’t block the creation of a climate damages fund for developing countries. Yet, no funding deal has been formalised. However, disagreements emerged about raising the bar for fighting global warming as well as the conditions under which affluent polluters must pay "loss and damage" compensation to nations devastated by climate catastrophes. After a paper presented by Egypt was squarely rejected by the EU, a source within the organisation said that at least the loss and damage problem had been "accepted" as far as the EU was concerned. The Egyptian president on Saturday issued a draft paper on the establishment of a dedicated loss and damage fund. It borrows its terminology from three prior suggestions made by the EU, Britain, the G77, and the bloc of 134 developing countries led by China. However, it also seems to push some of the trickier issues, notably those pertaining to finance sources, until the next year. The EU wants COP27 to adopt robust wording on reducing emissions and to reiterate the lofty objective of keeping global warming to 1.5 degrees Celsius over pre-industrial levels. The world is presently off track and is projected to warm by about 2.5C under existing promises and plans, according to scientists, making this a significantly safer safeguard against catastrophic climate consequences. In addition, the Egyptian COP27 chair unveiled a fresh version of the final declaration, which calls for stepping up "efforts towards the phasedown of unabated coal power and phase-out of wasteful fossil fuel subsidies." (With inputs from agencies) WATCH WION LIVE HERE:

COP27 Summit: Developing nations call to establish 'loss and damage fund'; no formal deal yet

India has opposed the developed world's efforts to extend the scope of mitigation to agriculture at the ongoing UN climate summit in Egypt.

WION Climate Tracker: India opposes action to cut farming emissions

Climate talks appeared stalled on major issues on Thursday at the COP27 Climate Summit in Egypt with a possibilities of a deal were renewed by a surprise offer from the European Union. EU's proposal came on the two of the most talked about issues - compensation for climate disasters and pollution cuts.

WION Climate Tracker: EU's surprise proposal at COP27 - compensation & pollution cuts

EU proposes two-pronged approach amid deadlocked talks

Licypriya Kangujam,&nbsp;born and brought up in India, has already felt the impact of climate change. The 11-year-old asserts that rich and powerful countries like the United States have a responsibility to make up for the "loss and destruction" experienced by less powerful countries like hers.&nbsp;As one of the youngest participants in this month's United Nations climate negotiations in Egypt, Licy, as she is fondly called, is one of India's most outspoken and youngest&nbsp;climate campaigners.

“My generation is the victim of climate change, but I don’t want our future generations to face the consequences of inaction by our leaders,” she told NBC News by phone from Sharm el-Sheikh, a Red Sea resort town in Egypt, where leaders and diplomats from almost 200 countries are gathered for the summit, known as COP27.

“This is a fight for the future of our planet — our future.”

In a first, "loss and damage" payments are on the climate summit's agenda. They have been demanded&nbsp;by dozens of developing countries, many of which are in South Asia, who argue that affluent nations should foot the bill for previous emissions, which are the primary driver of current climate change. The United States, which had earlier opposed the plan, now claims to be amenable to talks.

Licy, who raised funds for her travel to <a href="https://www.wionews.com/world/some-countries-resisted-mentioning-15degc-goal-in-cop27-text-us-climate-envoy-533576">COP27</a> by selling tea and coffee at a market booth in New Delhi, said she intends to hold the governments there accountable.

“Our leaders keep giving beautiful speeches,” she said. “They keep blaming each other for climate change and fail to take up collective efforts."

WATCH |&nbsp;30 Egyptians protest outside COP27 Summit, demand protection of coral reefs

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In the eastern state of Odisha in India,&nbsp;where Licy previously resided, storm and subsequent floods claimed the lives of dozens of people. She decided to become a climate activist as a result of the calamity.

Licy and her family migrated to New Delhi the next year where she and her younger sister were able to access higher schooling thanks to the relocation, but the city's air quality, which has been dubbed the most polluted capital in the world, was&nbsp;a problem for them.

Also read |&nbsp;<a href="https://www.wionews.com/world/earth-set-to-face-catastrophic-warming-in-9-years-study-shows-533539">Earth set to face catastrophic warming in 9 years, study shows</a>

On social media platforms like Twitter, where she has more than 160,000 followers, Licy has amplified calls for climate compensation. Her advocacy has carried her all around the world. She also started the Child Movement, a club that promotes environmental awareness and "spreads information to other youngsters."

Licy's classmates have pledged not to use single-use plastic because of her, and they frequently accompany her to rallies, tree-planting activities, and waste cleanups. One of their key objectives is to make environmental education a required course of study. 
 
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Licypriya Kangujam, born and brought up in India, has already felt the impact of climate change. The 11-year-old asserts that rich and powerful countries like the United States have a responsibility to make up for the "loss and destruction" experienced by less powerful countries like hers.

Licypriya Kangujam, born and brought up in India, has already felt the impact of climate change. The 11-year-old asserts that rich and powerful countries like the United States have a responsibility to make up for the "loss and destruction" experienced by less powerful countries like hers. As one of the youngest participants in this month's United Nations climate negotiations in Egypt, Licy, as she is fondly called, is one of India's most outspoken and youngest climate campaigners. “My generation is the victim of climate change, but I don’t want our future generations to face the consequences of inaction by our leaders,” she told NBC News by phone from Sharm el-Sheikh, a Red Sea resort town in Egypt, where leaders and diplomats from almost 200 countries are gathered for the summit, known as COP27. “This is a fight for the future of our planet — our future.” In a first, "loss and damage" payments are on the climate summit's agenda. They have been demanded by dozens of developing countries, many of which are in South Asia, who argue that affluent nations should foot the bill for previous emissions, which are the primary driver of current climate change. The United States, which had earlier opposed the plan, now claims to be amenable to talks. Licy, who raised funds for her travel to COP27 by selling tea and coffee at a market booth in New Delhi, said she intends to hold the governments there accountable. “Our leaders keep giving beautiful speeches,” she said. “They keep blaming each other for climate change and fail to take up collective efforts." WATCH | 30 Egyptians protest outside COP27 Summit, demand protection of coral reefs In the eastern state of Odisha in India, where Licy previously resided, storm and subsequent floods claimed the lives of dozens of people. She decided to become a climate activist as a result of the calamity. Licy and her family migrated to New Delhi the next year where she and her younger sister were able to access higher schooling thanks to the relocation, but the city's air quality, which has been dubbed the most polluted capital in the world, was a problem for them. Also read | Earth set to face catastrophic warming in 9 years, study shows On social media platforms like Twitter, where she has more than 160,000 followers, Licy has amplified calls for climate compensation. Her advocacy has carried her all around the world. She also started the Child Movement, a club that promotes environmental awareness and "spreads information to other youngsters." Licy's classmates have pledged not to use single-use plastic because of her, and they frequently accompany her to rallies, tree-planting activities, and waste cleanups. One of their key objectives is to make environmental education a required course of study. WATCH WION LIVE HERE:

COP27: Meet Licypriya Kangujam, India's youngest environmental activist who calls for climate compensation

Around 30 Egyptian youth protested outside the COP27 Summit. The demonstrators chanted slogans to protect the environment as they quietly protested in a designated are outside the Summit compound.

30 Egyptians protest outside COP27 Summit, demand protection of coral reefs

Another year of broken promises. Another year of missed targets. Climate compensation takes centre stage at COP27 in Egypt. Have rich nations failed to tackle climate change? Will they pay up? Find out on WION Wideangle.

WION Wideangle | COP27: Who will pay for climate change?

Imprisoned British Egyptian activist, Alaa Abdel Fattah is in good health and does not require transportation to the hospital, the prosecutor said on Thursday.&nbsp;

Earlier, the police in its statement on Thursday mentioned that he is under medical intervention, contradicted by a personal rights organisation leader, who stated that this implies that Fattah is being force-fed.&nbsp;

Fattah is&nbsp;currently serving a five-year sentence after uploading a Facebook post regarding police brutality in order to spread 'fake news.'

<a href="https://www.wionews.com/world/cop27-barbados-pm-calls-to-reform-imf-and-world-bank-finds-support-from-us-france-533033">Also read |&nbsp;COP27: Barbados PM calls to reform IMF and World Bank, finds support from US, France</a>

The activist extended his months-long hunger to include water in the COP27 meet. The 40-year-old activist also started refusing liquids on Sunday, the first day of the UN climate summit COP27 hosted by Egypt, AFP reported

Watch |&nbsp;Biden hits world stage after Midterms: US President to attend COP27, G20 &amp; ASEAN Summit

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The family has been constantly demanding medical updates. His attorney claimed that the prison where he was kept refused him access despite having permission from the interior ministry. His sister Mona Seif posted a video on Twitter saying that they should at least allow the mother to meet him.&nbsp;

<a href="https://www.wionews.com/world/cop27-a-fossil-fuel-industry-trade-show-sharp-rise-in-industry-delegates-shocks-many-532912">Also read |&nbsp;COP27, a 'fossil fuel industry trade show'? Deluge of industry delegates at summit shocks many</a>

During the first COP27 meeting, the new UK Prime Minister Rishi Sunak, French President Emmanuel Macron and German Chancellor Scholz Nicolas all expressed their concerns and urged for his release. Even the head of the UN's human rights said warned that Fattah's life is at 'severe risk.'&nbsp;&nbsp;Recently, the White House expressed its "deep concerns" for the activist on Thursday, AFP reported.&nbsp;

Several activists at the COP27 summit in Sharm el-Sheikh posted videos and pictures with #FreeAlaa on Twitter. Hundreds of them screamed 'Free him! and "No climate justice without human rights." Others chanted "free them all" in reference to 60,000 political detainees that the groups claimed are held in the nation.&nbsp;

(With inputs from agencies)

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Imprisoned British Egyptian activist, Alaa Abdel Fattah is in good health and does not require transportation to the hospital, the prosecutor said on Thursday. Earlier, the police in its statement on Thursday mentioned that he is under medical intervention, contradicted by a personal rights organisation leader, who stated that this implies that Fattah is being force-fed.

Imprisoned British Egyptian activist, Alaa Abdel Fattah is in good health and does not require transportation to the hospital, the prosecutor said on Thursday. Earlier, the police in its statement on Thursday mentioned that he is under medical intervention, contradicted by a personal rights organisation leader, who stated that this implies that Fattah is being force-fed. Fattah is currently serving a five-year sentence after uploading a Facebook post regarding police brutality in order to spread 'fake news.' Also read | COP27: Barbados PM calls to reform IMF and World Bank, finds support from US, France The activist extended his months-long hunger to include water in the COP27 meet. The 40-year-old activist also started refusing liquids on Sunday, the first day of the UN climate summit COP27 hosted by Egypt, AFP reported Watch | Biden hits world stage after Midterms: US President to attend COP27, G20 & ASEAN Summit The family has been constantly demanding medical updates. His attorney claimed that the prison where he was kept refused him access despite having permission from the interior ministry. His sister Mona Seif posted a video on Twitter saying that they should at least allow the mother to meet him. Also read | COP27, a 'fossil fuel industry trade show'? Deluge of industry delegates at summit shocks many During the first COP27 meeting, the new UK Prime Minister Rishi Sunak, French President Emmanuel Macron and German Chancellor Scholz Nicolas all expressed their concerns and urged for his release. Even the head of the UN's human rights said warned that Fattah's life is at 'severe risk.' Recently, the White House expressed its "deep concerns" for the activist on Thursday, AFP reported. Several activists at the COP27 summit in Sharm el-Sheikh posted videos and pictures with #FreeAlaa on Twitter. Hundreds of them screamed 'Free him! and "No climate justice without human rights." Others chanted "free them all" in reference to 60,000 political detainees that the groups claimed are held in the nation. (With inputs from agencies) WATCH WION LIVE HERE

COP27: Egyptian hunger striker Abdel Fattah is in 'good health,' says prosecutor, US shows concern 

Archaeologists have discovered a vast tunnel under an ancient Egyptian temple that may lead to Cleopatra's lost tomb. The tunnel is carved into the rock at a depth of about 13 metres below the ground. The newly discovered tunnel is about 1,300 metres long.

Egypt: Huge tunnel discovered beneath temple, can lead to Cleopatra's lost tomb

On the sidelines of the ongoing UN COP27 summit in Egypt, UK Prime Minister Rishi Sunak and French President Emmanuel Macron agreed on the importance of continuing to drive climate action forward.

Rishi Sunak and Emmanuel Macron hold talks on sidelines of COP27

British Prime Minister, Rishi Sunak, being "sidelined" at the COP27 climate summit taking place in Egypt? Was his last-minute decision to attend the event poorly received?

Gravitas: UK's Sunak facing troubles at COP27?

In COP27 climate summit, countries will be aiming to make progress on climate finance and helping developing countries with the loss and damage they suffer from the climate crisis.

WION Climate Tracker | COP27 Summit: Egypt looks at developed nations to fulfil financial purpose

The world's biggest climate conference has began in Sharm El Sheikh, Egypt. Nearly 200 countries gathering for the summit are expected to lock horns over whether rich nations should pay compensation to vulnerable nations hit by climate-fuelled disasters.

WION Climate Tracker | COP27 begins in Sharm El Sheikh, focus on implementation of climate plans

COP27 Climate Summit is underway. A debate was organised on the 'Loss & Damage' compensation fund. But are rich countries reluctant to pay compensation? Watch here.

WION Climate Tracker: Are rich countries reluctant to pay compensation?

The United Nations Annual Meeting on climate, the Cop27 summit is all set to begin in just a few hours. The world leaders of more than 120 countries will assemble at an Egyptian resort.

UN COP27: Climate Finance to be top agenda

The UN climate summit has begun in Egypt and this year the focus is on implementation of climate goals. Speaking at the opening of COP27, the new executive secretary of the UN climate convention said that the conference should shift the focus towards the implementation of previously agreed plans.

COP27 begins in Egypt, UN climate chief urges nations to shift focus towards 'implementation' of goals

As the war rages on in Ukraine, India's External Affairs Minister S Jaishankar is headed to Russia for a bilateral visit. The Prime Minister of United Kingdom Rishi Sunak has made its visit too. He is going to raise the issue of detained activists in the Summit.

COP27 Summit: World leaders attend COP27 climate summit

Egypt marked 100 years since the discovery of the tomb of Tutankhamun in the Valley of the Kings. The centenary celebrations included a tribute to the man who had discovered the Tomb. Watch the video to know more.

WION Fineprint: Discovery that dazzled world: Egypt marks 100 years of tomb of Tutankhamun

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On November 04, Egypt marked 100 years since the discovery of the Tutankhamun Tomb in the Valley of Kings.

The British Egyptologist Howard Carter and his crew first discovered the 12 stairs leading to closed doorways with seals reading the name "Tutankhamun" in the year 1922. Since then a 10-year project for conserving over 5,000 artefacts began, Reuters reported.&nbsp;

Tutankhamun's reign lasted for nine years in the country. &nbsp;

<a href="https://www.wionews.com/world/howard-carter-stole-treasure-from-tutankhamuns-tomb-in-egypt-claims-new-book-506797">Also read |&nbsp;Howard Carter stole treasure from Tutankhamun’s tomb in Egypt, claims new book</a>

People gathered on Friday in the Valley of the Kings to&nbsp;commemorate the discovery's 100th anniversary&nbsp;by visiting the 3,000-year-old tomb of the boy king and touring Carter’s house which has recently been restored and reopened to the public to mark the occasion.

Carter's House's dates back to 1911 when the Egyptologist built it as a residence for himself when he was conducting his search at the Valley of the Kings. He resided at the place until his death in 1939. The house's central hall, study and his photographic laboratory have been maintained till now.&nbsp;The items at his place were maintained for the next 100 years.

King Tutankhamen (Tutankhamun), the young pharaoh whose ancient tomb and opulent artifacts have fascinated generations since they were first discovered, become the most famous Ancient Egyptian pharaoh in the world, thanks to the incredible condition of his final resting place and the grave goods found alongside his body.

For many, "King Tut" is the ultimate symbol of ancient Egypt's glory.

Tutankhamun ascended the throne at age nine, and ruled till his death at age 18 or 19.

His tomb was found by British Egyptologist Howard Carter in 1922.&nbsp;The discovery of the 3,000-year-old tomb was a watershed moment in archaeology.&nbsp;Tutankhamun's outer most coffin, made from wood and is gilded with gold,&nbsp;was found alongside other treasures.

<a href="https://www.wionews.com/science/did-it-come-from-space-archaeologists-might-have-solved-mystery-around-tutankhamuns-famous-dagger-457957">Also read |&nbsp;Did it come from space? Archaeologists might have solved mystery around Tutankhamun's famous dagger</a>

In collaboration with the Egyptian Ministry of Tourism and Antiquities, the repair was supported by the US Agency for International Development and the Adina Lei Savin Family Trust.&nbsp;

As per the American ambassador to Egypt, an important part of the two nations' strategic alliance is America's support for Egypt's cultural preservation and protection.&nbsp;

(With inputs from agencies)

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On November 04, Egypt marked 100 years since the discovery of the Tutankhamun Tomb in the Valley of Kings. The British Egyptologist Howard Carter and his crew first discovered the 12 stairs leading to closed doorways with seals reading the name "Tutankhamun" in the year 1922.

On November 04, Egypt marked 100 years since the discovery of the Tutankhamun Tomb in the Valley of Kings. The British Egyptologist Howard Carter and his crew first discovered the 12 stairs leading to closed doorways with seals reading the name "Tutankhamun" in the year 1922. Since then a 10-year project for conserving over 5,000 artefacts began, Reuters reported. Tutankhamun's reign lasted for nine years in the country. Also read | Howard Carter stole treasure from Tutankhamun’s tomb in Egypt, claims new book People gathered on Friday in the Valley of the Kings to commemorate the discovery's 100th anniversary by visiting the 3,000-year-old tomb of the boy king and touring Carter’s house which has recently been restored and reopened to the public to mark the occasion. Carter's House's dates back to 1911 when the Egyptologist built it as a residence for himself when he was conducting his search at the Valley of the Kings. He resided at the place until his death in 1939. The house's central hall, study and his photographic laboratory have been maintained till now. The items at his place were maintained for the next 100 years. King Tutankhamen (Tutankhamun), the young pharaoh whose ancient tomb and opulent artifacts have fascinated generations since they were first discovered, become the most famous Ancient Egyptian pharaoh in the world, thanks to the incredible condition of his final resting place and the grave goods found alongside his body. For many, "King Tut" is the ultimate symbol of ancient Egypt's glory. Tutankhamun ascended the throne at age nine, and ruled till his death at age 18 or 19. His tomb was found by British Egyptologist Howard Carter in 1922. The discovery of the 3,000-year-old tomb was a watershed moment in archaeology. Tutankhamun's outer most coffin, made from wood and is gilded with gold, was found alongside other treasures. Also read | Did it come from space? Archaeologists might have solved mystery around Tutankhamun's famous dagger In collaboration with the Egyptian Ministry of Tourism and Antiquities, the repair was supported by the US Agency for International Development and the Adina Lei Savin Family Trust. As per the American ambassador to Egypt, an important part of the two nations' strategic alliance is America's support for Egypt's cultural preservation and protection. (With inputs from agencies) WATCH WION LIVE HERE

Egyptians mark 100th anniversary of King Tutankhamun Tomb's discovery

The UN Climate Summit is set to begin on November 6, where the world leaders will convene together to discuss the ongoing climate crisis. In the latest, more than 420 scientists have urged the PR firm which is representing COP27 to drop its fossil fuel clients including Shell.

WION Climate Tracker: Scientists ask COP27 PR agency to lose fossil fuel clients

UK Prime Minister Rishi Sunak has reversed his decision to skip the COP27 climate summit in Egypt next week. The decision comes after former Prime Minister Boris Johnson confirmed his intention to go for the climate meeting.

Rishi Sunak makes U-turn, says will attend COP27 summit

Rishi Sunak makes U-turn, says will attend COP27 climate summit

Situated on Egypt’s northern coast on the Mediterranean, the Nile River Delta is one of the world’s three most vulnerable hot-spots to climate change impacts, including rising sea levels.

WION Climate Tracker: Climate change threatens Egypt's fertile Nile Delta

UK Prime Minister Rishi Sunak has made a U-turn over his decision of not to attend this month's UN climate summit. He has tweeted to say that he will be going to COP27 next week. The decision comes after former Prime Minister Boris Johnson confirmed his intention to go for the climate meeting.

UK PM Rishi Sunak makes U-turn on attending COP27, confirms his attendance

Egyptian security forces have detained an Indian environmental activist on a peaceful march from Cairo to Sharm el-Sheikh, amid an ongoing crackdown ahead of a COP27 climate summit.

WION Climate Tracker: Climate activist being arrested and detained in Egypt ahead of COP27

WION Climate Tracker: Rishi Sunak makes U-turn, says will attend COP27 climate summit

More than 30,000 delegates, including representatives from some 200 countries, will gather November 6-18 in Egypt for the COP27 Climate Summit.

WION Climate Tracker: COP27 to test resolve of world battling war, inflation

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