Yesterday, at the opening plenary of COP28, the UN climate talks underway in Dubai, nations agreed to operationalize the Loss and Damage Fund that was established a year ago at COP27.
The fund is aimed at helping low- and middle-income countries cope with extreme impacts of climate change that are already causing billions of dollars of damage and immense human suffering. Large questions still remain—the biggest one being whether richer nations, including the United States, will contribute adequate resources to the fund. (For now, the answer to that is a resounding no, unfortunately).
A historic but flawed agreement
Getting the Loss and Damage Fund up and running is a significant step forward in a decades-long fight to get a measure of justice for countries who are bearing the brunt of impacts caused by heat-trapping emissions primarily from wealthier nations….
Read the full article originally published at blog.ucsusa.org.