DUBAI, Dec 12 (IPS) – On November 30, the first day of COP28, the much-awaited Loss and Damage Fund—a landmark decision to compensate the world’s most climate-affected and climate-vulnerable people—was declared operational. Announcing the decision, COP28 President Dr Sultan Al Jaber said, ‘the fact that we have been able to achieve such a significant milestone on the first day of this COP is unprecedented. This is historic.”
DUBAI, Dec 12 (IPS) – On November 30, the first day of COP28, the much-awaited Loss and Damage Fund—a landmark decision to compensate the world’s most climate-affected and climate-vulnerable people—was declared operational. Announcing the decision, COP28 President Dr Sultan Al Jaber said, ‘the fact that we have been able to achieve such a significant milestone on the first day of this COP is unprecedented. This is historic.”Read the full story, “Finance at COP28: After the Euphoria, Come Questions Galore”, on globalissues.org →