Press Release - As the dust settles in Sharm El-Sheikh, Africa has little reason to rejoice. Africa and the Global South can take some hope from the small gains made at COP27. At the last minute, negotiators agreed to provide "loss and damage" funding for vulnerable countries hit hard by climate disasters. But we have heard these promises before. The rich countries of the Global North have failed to fulfil their 2016 100 billion dollar-a-year adaptation funding pledge;