COP28 kicks off with climate disaster fund victory
Dubai, United Arab EmiratesReuters The UN climate summit clinched an early victory Thursday, with delegates adopting a new fund to help poor nations cope with costly climate disasters. COP28 President Sultan Ahmed al-Jaber said the decision sent a “positive signal of momentum to the world and to our work here in Dubai”. Attendees arrive for […]
World Bank poised to host climate loss and damage fund, despite concerns
Reuters Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by climate disasters, despite reservations from developing nations and the United States. The deal to create a “loss and damage” fund was hailed as a breakthrough for developing country negotiators at United Nations climate talks […]
COP27 deal delivers landmark on ‘loss and damage’, but little else
Updated 6pm (AEST)Sharm el-Sheikh, Egypt Reuters Countries adopted a hard-fought final agreement at the COP27 climate summit early on Sunday that sets up a fund to help poor countries being battered by climate disasters – but does not boost efforts to tackle the emissions causing them. After tense negotiations that ran through the night, the […]