'We are already in overtime at COP27 and our message is very clear—we cannot afford a bad deal.'
put forward by the Egyptian delegation at the 27th United Nations Climate Change Conference in Sharm El-Sheikh, Egypt, which included a compromise on"loss and damage" funding for developing countries that have been hardest-hit by the climate crisis—but lacked a call for a fossil fuel phaseout.at the conference, which is now in overtime as negotiators haggle over loss and damage as well as concrete steps to phase out all fossil fuel pollution.The U.S.
has emerged as a holdout regarding the creation of funding mechanisms for countries in the Global South, where millions are facing drought-fueled hunger crises, catastrophic flooding, and other climate impacts despite their countries contributing a tiny fraction of the carbon emissions caused by the U.S.
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