Success or COP-out: How do this year’s climate talks rate?

  • Date: 20-Nov-2022
  • Source: The Economist
  • Sector:Oil & Gas
  • Country:Egypt
  • Who else needs to know?

Success or COP-out: How do this year’s climate talks rate?

FILE - Mitzi Jonelle Tan, center, of the Philippines, participates in a demonstration at the COP27 U.N. Climate Summit, Nov. 18, 2022, in Sharm el-Sheikh, Egypt. (AP Photo/Peter Dejong, File)

SHARM EL-SHEIKH, Egypt (AP) — After two weeks of haggling, officials on Sunday cheered the end of this year's U.N. climate talks in Egypt, which resulted in the creation of a fund to help poor countries suffering under disasters driven by global warming.

Expectations had been low for major agreements to come out of the meeting in Sharm el-Sheikh, but the recent floods in Pakistan and Nigeria boosted calls for urgent aid now.