COP 27 Breakthrough Decision
XAT 2023 · General Knowledge · Medium · General Knowledge
Which of the following breakthrough decisions was taken at the COP 27 (8-20 Nov 2022, Sharm el-Sheikh, Egypt)?
- A.
Establish and operationalize a "loss and damage" fund
- B.
Establish and operationalize a "global ecosystem services payments mechanism"
- C.
Establish and operationalize a "global early warning system" for weather events
- D.
Accept and operationalize a "global carbon tax and trading mechanism"
- E.
Accept and operationalize a "Net zero" target for every country
Answer
A
Explanation
COP 27 reached a historic agreement to establish a Loss and Damage Fund for vulnerable nations.
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