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    Question

    ________ UN Conference of Parties (COP27) of the UNFCCC

    created a special fund for loss and damage which will be used for funding for vulnerable countries hit hard by climate disasters.
    A 22nd Correct Answer Incorrect Answer
    B 24th Correct Answer Incorrect Answer
    C 26th Correct Answer Incorrect Answer
    D 27th Correct Answer Incorrect Answer
    E 28th Correct Answer Incorrect Answer

    Solution

    The 27th UN Conference of Parties (COP27) of the UNFCCC closed with a breakthrough agreement to provide “loss and damage” funding for vulnerable countries hit hard by climate disasters. Nearly 200 countries struck a historic deal to establish a new fund for climate “loss and damage” – it will give money to the nations hit hardest by the effects of climate change. Creating a specific fund for loss and damage marked an important point of progress, with the issue added to the official agenda and adopted for the first time at COP27.

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