COP27 to formally discuss climate compensation for poorer nations

COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations climate summit in Sharm el-Sheikh, Egypt.

Diplomats approved a much-disputed agenda item to talk about matters relating to "funding arrangements responding to loss and damage associated with the adverse effects of climate change, including a focus on addressing loss and damage."

The conference runs from Nov. 6 through Nov. 18.