Representatives from nations around the world are heading towards the concluding phase of the ongoing United Nations Climate Change Conference (COP 27) in Sharm el-Shaikh, Egypt.
The conference has witnessed nations participating in discussions that emphasize climate finance, including adaptation and mitigation finance, by bringing the concept of ‘loss and damage’ into the forefront. The world’s biggest emitters – China, the United States, the European Union and India – account for more than half of historical emissions of greenhouse gases.
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