Summit participants agree to compensate poor nations that are victims of extreme weather worsened by rich countries' carbon pollution.
A final text to conclude the summit has yet to be agreed upon, with outstanding issues including the creation of a new fund for reparations.
Nakeeyat Dramani Sam, 10, discusses sufferings in her country due to floods and asks rich nations, which have contributed most to climate crisis, to compensate developing countries for the damage.
Austria has announced it will commit $50 million for climate 'loss and damage', joining a few other European countries in pledging small amounts as campaigners say more is needed to address climate wrongs.
On the third day of COP27, developed countries have been called upon once again to rise to the occasion and fulfil their pledge of financing $100 billion a year to the developing world to combat the climate crisis.
Inclusion of the agenda item "reflects a sense of solidarity and empathy for the suffering of the victims of climate induced disasters," said COP27 President Sameh Shukri of Egypt.
Climate finance and reparations are some of the issues that will be high on the agenda of negotiators, particularly from the developing world.
Negotiators at COP27 will discuss practical solutions to address how historical polluters should pay for poor countries’ irreversible climate-related losses.
Cairo is "putting a lot of effort" into ensuring the question of how to compensate countries that have experienced heavy economic loss due to climate catastrophes is prioritised in Sharm El Sheikh summit.
Some of the world's most climate change affected countries are pushing to create a funding facility for "loss and damage" to be established at UN climate negotiations in November.
Loss and damage, LDCs, WIM: we decipher key terminology in the lead up to the climate negotiations in Glasgow.
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