The COP27 (Climate Summit) in Egypt has been extended by one day as the countries present are still negotiating if rich countries should pay for the poorer ones that are experiencing the effects of climate change. The European Union proposed a Global Climate Disaster Fund, but wants the US and China to also contribute financially, among others.
- China claims to still be a developing country and wants to avoid acknowledging any responsibility for the climate change crisis.
- The US is quiet about the proposal.