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Funds dominate climate talks at COP27 in Egypt

Guests enter the convention centre hosting the Cop27 U.N. Climate Summit, Friday. [AP photo]

The Conference of Parties 27 (COP27) formally kicked off on Sunday at Sharm el-Sheikh, Egypt, with the issue of loss and damage dominating talks.

"Loss and Damage" are costs that nations - mainly poor and developing countries - are incurring due to adverse effects of climate change like drought, floods and high temperatures.

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