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COP27 talks on climate compensation not yet ready to agree new fund

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SHARM EL-SHEIKH — Talks at the

COP27 climate summit about how to compensate developing

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countries for the damage cause by climate change are not yet

ready to decide on a new funding mechanism, a European Union

negotiator said on Friday.

(Reporting by Kate Abnett and William James; Editing by Alex

Richardson)

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