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Climate change loss and damage fund: Bittersweet win for vulnerable nations

COP27 UN climate talks at the Sharm el-Sheikh in Egypt

The COP27 UN climate talks at the Sharm el-Sheikh in Egypt ended with one much applauded achievement: the decision to establish a loss and damage fund to help poor nations cope with natural disasters brought on by effects of climate change. PHOTO | JOSEPH EID | AFP

By  GILBERT MWIJUKE

The COP27 UN climate talks at the Sharm el-Sheikh in Egypt ended with one much applauded achievement: the decision to establish a loss and damage fund to help poor nations cope with natural disasters brought on by effects of climate change.

While this is a major achievement that signifies immense progress for climate-vulnerable nations, it could take another decade to be realised. And for those living with the consequences of climate change, it could be too late.

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