Historic deal on loss and damage secured at COP27

Exhausted, hungry and very-much-over-it negotiators, government officials and climate campaigners (including our brilliant team from Greenpeace Australia Pacific) are now leaving the Egyptian resort town of Sharm El-Sheikh, after COP27 has come to a close.

This year’s UN climate summit has secured a historic deal that will see major emitting countries pay for the loss and damage caused by climate change in the developing world - which the Pacific has been campaigning for since 1992.

However, when it comes to fossil fuels as the actual cause of climate change, countries did not agree to requests to commit to the phasing down of all fossil fuels, instead the final decision was to take steps toward "the phase down of unabated coal power and phase-out of inefficient fossil fuel subsidies" - which was already agreed to at last year’s conference.

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