Question
General Knowledge Question on Current Affairs
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 "global early warning system" for weather events
B
Establish and operationalize a "global ecosystem services payments mechanism"
C
Establish and operationalize a "loss and damage" fund
D
Accept and operationalize a "global carbon tax and trading mechanism"
E
Accept and operationalize a "Net zero" target for every country
Answer
Establish and operationalize a "loss and damage" fund
Explanation
Solution
The correct answer is option (C) : Establish and operationalize a "loss and damage" fund