Negotiators at U.N. talks agreed Sunday to set up a fund to compensate poorer countries affected by climate disasters, finally heeding their demands for help in bearing the cost of damage caused by climate change."History was made today...as parties agreed to the establishment of a long-awaited loss and damage fund for assisting developing countries that are particularly vulnerable to the adverse effects of climate change," the presidency of the 27th session of a U.N. climate conference being held in Egypt tweeted.Developing countries have long been calling for a "loss and damage" fund, wit…READ FULL ARTICLE
