(ANSA) - SHARM EL-SHEIKH, NOVEMBER 19 - The European Union is ready to abandon the negotiations at the Cop27 in Sharm el-Sheikh if a satisfactory agreement is not found on compensation for the losses and damages of global warming, because "no agreement is better that no agreement".
Commission Vice President Frans Timmermans told reporters this morning.
The EU wants the deal on the fund to have a broad donor base and be tied to maintaining the 1.5 degree limit on global warming.
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