The COP27 global climate summit in Egypt will continue on Saturday, adding an extra day to negotiations, to allow delegates more time to agree on divisive issues such as how to compensate the poorest countries for the damage caused by climate change and how fast the world should bring down greenhouse gas emissions.
The European Union tried to break the deadlock late on Thursday, offering a new fund for loss and damage (the term used for the cost of climate change impact) in exchange for stronger ambition to mitigate emissions. Early on Friday morning, the Egyptian presidency published a draft agreement that offered no firm proposal on the first part and fell short on the second.
