: Editorial: Mixed climate outcome #IndiaNEWS #Editorials Though the agreement to set up a climate compensation fund is a welcome move, the just-concluded global climate summit — COP27 — at Egypt’s

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Editorial: Mixed climate outcome #IndiaNEWS #Editorials
Though the agreement to set up a climate compensation fund is a welcome move, the just-concluded global climate summit — COP27 — at Egypt’s Sharm El-Sheikh has failed to instil confidence regarding tackling the climate crisis. After two weeks of intense negotiations among 190 nations at the 27th United Nations Climate Summit, the outcome fell short of a push from the developed world, including the United States and Europe, for a phase-down of fossil fuels. Although a phase-down of coal was agreed upon at last year’s Glasgow conference, other fossil fuels — oil and gas — are going to remain immune. While setting up a global fund for “loss and damage

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