Deal on loss and damage fund at Cop27 marks climbdown by rich countries

Western nations came to realise to have a hope of reaching 1.5C target they had to help those worst affected by climate change

Cop27 summit: latest news updates

On the eve of the Cop27 climate conference that has just finished in Sharm el-Sheikh, the UN secretary general, António Guterres, warned of the stark consequences of failure.

“There is no way we can avoid a catastrophic situation, if the two [the developed and developing world] are not able to establish a historic pact,” he said, in an interview with the Guardian. “Because at the present level, we will be doomed.”

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