Correct Answer:
C. COP27
Correct answer: COP27. COP27, held in Sharm el-Sheikh in 2022, agreed to establish new funding arrangements, including a dedicated fund for loss and damage.
Background: The arrangements were operationalised at COP28.
- COP24: COP24 (Katowice, 2018) adopted the Paris Agreement rulebook.
- COP25: COP25 (Madrid, 2019) is linked to the Santiago Network on loss and damage, not the fund.
- COP30: COP30 (BelΓ©m, 2025) came years after the fund was agreed.
Did you know? The fund helps vulnerable developing countries facing economic and non-economic losses from climate change.
Memory trick: 27 = Fund agreed, 28 = Fund operational.