COP27 drew praise on Sunday for the creation of a 'loss and damage' fund. But there was also anger over a failure to push further ambition on cutting emissions in order to keep alive the aspirational goal of limiting global warming to 1.5C.
At Egypt's COP27, efforts by Arab countries to tackle climate change have been strongly criticised by Greenpeace and regional activists who believe MENA states are sabotaging emission reduction targets.
UN Secretary-General Antonio Guterres said the time for talking about financing damage caused by climate change had passed, and urged wealthier countries to act to protect those most vulnerable to climate-related disasters.
The standoff comes with wealthy nations pressed into acknowledging the need to compensate emerging economies for accelerating climate change, and as total funding needs appear poised to run into trillions.