Negotiators reportedly strike deal on U.N. climate talks

A speech being given during the COP27 climate conference in Egypt.
(Image credit: Dominika Zarzycka/NurPhoto via Getty Images)

Negotiations at the COP27 climate conference reached a peak on Saturday, as a massive slate of governments reportedly agreed to a landmark deal on United Nations-led climate talks, The Associated Press reported.

The deal would create a specialized fund to help compensate third-world countries for "loss and damage" - excessive harm caused by natural disasters and extreme weather due to climate change. While the details are still being fleshed out, Aminath Shauna, the environment minister for the Maldives, told AP that there was "an agreement on loss and damage."

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Justin Klawans, The Week US

 Justin Klawans has worked as a staff writer at The Week since 2022. He began his career covering local news before joining Newsweek as a breaking news reporter, where he wrote about politics, national and global affairs, business, crime, sports, film, television and other Hollywood news. Justin has also freelanced for outlets including Collider and United Press International.