Current Affairs · International Climate Summits
What was a primary landmark outcome achieved during the UNFCCC COP 27 summit held in Sharm El-Sheikh, Egypt?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An agreement to legally mandate a 10% reduction in methane emissions by 2025
- 2A binding enforcement framework for an international global carbon market
- 3The establishment of a 'Loss and Damage' fund to provide climate finance for vulnerable nations✓
- 4A universal agreement to phase out nuclear energy globally by 2040
Correct answer
The establishment of a 'Loss and Damage' fund to provide climate finance for vulnerable nations
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