The U.N. climate conference wrapped up early Sunday, with wealthy countries agreeing for the first time to set up a “loss and damage” fund to help poor nations recover from climate disasters that the victims did little to cause. But what exactly are wealthy nations willing to provide?

Adil Najam, a professor of international relations at Boston University, explains why this deal might not mean more money overall and could end up pitting developing countries against each other.

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Stacy Morford

Environment + Climate Editor

Egyptian Foreign Minister Sameh Shoukry closes COP27 in the early hours of Nov. 19, 2022. Christophe Gateau/picture alliance via Getty Images

Is the COP27 ‘loss and damage’ fund for developing countries a breakthrough or an empty climate promise?

Adil Najam, Boston University

It’s a landmark agreement, acknowledging for the first time that wealthy countries bear some responsibility to help. But it leaves many unanswered questions.

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