2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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G20
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COP27
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BRICS
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ASEAN
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Detailed explanation-1: -The establishment of a Loss and Damage Fund was, for many, the highlight of the United Nations Climate Conference (COP 27) and the culmination of decades of pressure from climate-vulnerable developing countries.
Detailed explanation-2: -The final decision text, known as the Sharm el-Sheikh Implementation Plan was published on 20 November after negotiations overran the conference. The text reaffirms the commitment to limit global temperature rise to 1.5 degrees Celsius above pre-industrial levels.
Detailed explanation-3: -COP27 closed with a breakthrough agreement to provide loss and damage funding for vulnerable countries hit hard by floods, droughts and other climate disasters. This was widely lauded as an historic decision. Why?