Failure to Reach Agreement on Climate "Loss and Damages"
On 21st Oct, a significant pre-COP28 meeting focused on climate "loss and damages" concluded in failure as countries from both the global north and south could not come to an agreement.
- The dedicated fund for addressing climate "loss and damage" was a major achievement at last year's COP27 in Egypt, but the specifics of its structure, beneficiaries, and contributors were deferred to later discussions.
- Several talks held this year aimed to establish a consensus on fundamental aspects, with one of the primary issues being the contribution of funds by richer nations, particularly regarding China's involvement.
- A transition committee convened ....
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