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Climate compensation is shaping up to be the defining issue of this year’s UN climate change conference in Egypt. For more than 30 years, developing countries have been calling for specific funding – known as ‘loss and damage’ – to cope with the disasters that developed countries’ high emissions are wreaking. Now loss and damage has finally made it onto the agenda at this COP27, in a significant early victory for climate vulnerable nations. A successful COP could not have been possible without it. But campaigners have made it clear that the words alone do not ensure a meaningful outcome. COP27…