EXPERT PERSPECTIVE – The COP27 conference in late November put climate change back on the agenda. The summit ended with an historic agreement to establish a loss and damage fund to support countries already ravaged by the effects of climate change. However, there was little progress on other areas such as reducing emissions.
COP27 came after another year in the wake of climate disasters. From heatwaves in Europe to catastrophic flooding in Pakistan to the worst drought in the Horn of Africa in 40 years, climate disasters caused billions in damages and economic losses and killed thousands in 2022.
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