COP27 summit to begin with plea to discuss climate compensation

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COP27 summit to begin with plea to discuss climate compensation
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The U.N. climate summit, COP27, opens in Sharm El Sheikh, Egypt on Sunday amid growing calls for rich countries to compensate poorer nations most vulnerable to climate change.

Much of the tension surrounding COP27 is expected to relate to loss and damage -- compensation funds provided by wealthy nations to vulnerable lower-income countries that bear little responsibility for climate-warming emissions.

Diplomats from more than 130 countries are expected to push for the creation of a dedicated loss and damage finance facility at COP27.

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