UN climate deal: Calamity cash, but no new emissions cuts SHARM EL-SHEIKH, Egypt (AP) — For the first time, the nations of the world decided to help pay for the damage an overheating world is inflicting on poor countries, but they finished marathon climate talks on Sunday without further addressing the root cause of those disasters — the burning of fossil fuels.“We have finally responded to the call of hundreds of millions of people across the world to help them address loss and damage.” Pakistan’s environment minister, Sherry Rehman, said the establishment of the fund “is not about dispensing charity.” “It is clearly a down payment on the longer investment in our joint futures,” she said, speaking for a coalition of the world’s poorest nations.The package was revised again, removing most of the elements Europeans had objected to but adding none of the heightened ambition they were hoping for.“We joined with many parties to propose a number of measures that would have contributed to this emissions peaking before 2025, as the science tells us is necessary.And the energy text weakened in the final minutes.” And in his remarks to negotiators, U.N. climate chief Simon Stiell, who hails from Grenada, called on the world “to move away from fossil fuels, including coal oil and gas.” However, that fight was overshadowed by the historic compensation fund."