'This is our final offer': Curveball EU proposal raises hopes for COP27 but deal hangs in the balance

Talks are running right down to the wire at the COP27 climate summit, with host nation Egypt today extending the conference into Saturday in a bid to carve out a last-minute deal.

The Egyptian COP presidency came under fire for leaving it to the final day of the two weeks of negotiations to draft a pact, leaving little time for countries to sign it off.

..."The fund shouldn't be used as a poison pill to fix old divisions around expanding the donor base," said Mohamed Adow, director of Power Shift Africa.