Maldives minister: negotiators reach deal on climate fund


Source: baytoday.ca baytoday.ca

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SHARM EL-SHEIKH, Egypt (AP) — Negotiators say they have struck a potential breakthrough deal on the thorniest issue of United Nations climate talks, creation of a fund for compensating poor nations that are victims of extreme weather worsened by rich nations’ carbon pollution. “There is an agreement on loss and damage,” which is what negotiators call the concept, Maldives Environment Minister Aminath Shauna told The Associated Press Saturday. It still needs to be approved unanimously in a vote later today. “That means for countries like ours we will have the mosaic of solutions that we have been advocating for.” Saturday...