Photo: Depositphotos

At this year’s U.N. climate conference in Egypt, COP27, Pakistan and a group of other frustrated developing countries are pushing to develop a pool of money for “loss and damages.” It would be a fund, financed by the developed nations most responsible for causing climate change, that would pay for climate-induced losses in countries that have done little to create the problem. The United States alone is responsible for over 20 percent of all historical global emissions of gases that cause climate change, such as carbon dioxide and methane...

National Geographic. As climate disasters grow more costly, who should pay the bill?