Bilawal terms damage, loss fund as compensation for climate-hit countries.

Foreign Minister Bilawal Bhutto Zardari has termed establishment of damage and loss fund for compensation of climate damage a major win for Pakistan and the entire developing world.

In a series of tweets on Sunday, he congratulated his Egyptian counterpart Sameh Shoukry for hosting a historic COP.

He said in monumental achievement for climate justice and G77 led by Pakistan COP27 has successfully concluded with loss and damage as part of the agenda including a fund and financial arrangements to address this issue.

The Minister expressed gratitude to...