The COP27 climate talks in Egypt ended with elation over a landmark compensation deal, which was tempered by disappointment over progress on cutting emissions and fossil fuels. Here’s what the summit did – and didn’t achieve: There was no agreement on phasing out fossil fuels any time soon. But delegates did reaffirm a commitment to the goal of keeping global warming to 1.5 degrees celsius above preindustrial levels. And there was a ‘loss and damage’ deal that will compensate vulnerable nations suffering from climate change.
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