COP27 climate deal hurtle towards overtime, countries mull EU offer of fund

A European Union proposal buoyed hopes of progress at the COP27 climate summit on Friday, its final scheduled day, as the 27-country EU said it would back one of the toughest agenda items financing for countries wracked by climate-fuelled disasters.

But with several other sticking points dogging this year's UN climate talks, host country Egypt said a final deal was still not expected before the weekend.

“I remain committed to bring this conference to a close tomorrow in an orderly manner, with the adoption of a series of consensus decisions that will be comprehensive, ambitious, and balanced,” COP27 President Sameh Shoukry told