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The COP27 climate change conference held in Sharm el-Sheikh, Egypt, in November 2022 failed to move the world any closer to decarbonization. We are no more likely to achieve the Paris Agreement objective of limiting global warming to 1.5C. Where the COP made potential progress was in recognizing, at long last, the pleas of the world's least-developed countries to create a fund intended to compensate them for the loss and damage that they are experiencing from climate change. This was the logical next step given decades of piecemeal climate diplomacy.
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Paul G. Harris (2023) studied this question.
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