U.N. Climate Talks End With a Deal to Pay Poor Nations for Damage
SHARM EL-SHEIKH, Egypt — Diplomats from nearly 200 countries concluded two weeks of climate talks Sunday by agreeing to establish a fund that would help poor, vulnerable countries cope with climate disasters made worse by the greenhouse gases from wealthy nations.
The decision on payments for loss and damage caused by global warming represented a breakthrough on one of the most contentious issues at United Nations climate negotiations. For more than three decades, developing nations have pressed rich, industrialized countries to provide compensation for the costs of destructive storms, heat waves and droughts linked to rising temperatures.