UN climate talks enter home stretch with deep divides ...Kuwait

News by : (The New Arab) -
COP27 entered its final week Monday with rich carbon polluters and developing nations at loggerheads over how to speed up and fund reductions in emissions to slow global warming. The standoff comes with wealthy nations pressed into acknowledging the need to compensate emerging economies for accelerating climate change, and as total funding needs appear poised to run into trillions, rather than billions, of dollars. "There is still a lot of work ahead of us," Egyptian Foreign Minister and COP27 president Sameh Shoukry said at the UN climate talks in the Red Sea resort of Sharm el-Sheikh. He said countries were still split on key issues as ministers join the talks this

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