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COP28 Kicks Off in UAE with Agreement on Loss and Damage Fund

The first day of the United Nationsโ€™ Climate Change Conference COP28 kicked off on Thursday in the United Arab Emirates with a formal approval of the draft decision for the Loss And Damage Fund. โ€œWeโ€™ve delivered history today. The first time a decision has been adopted on day 1 of any COP. And the speed
United States United Arab Emirates United Kingdom Sultan Al Jaber European Union Damage Fund On

world bank: World Bank to operate 'loss and damage' climate fund

The World Bank will "operate" an ambitious new climate change fund, but donors and recipients will likely control how the money is actually spent, the head of the development lender said Friday. The World Bank will play a more limited role, managing the day-to-day operations of the fund, Banga explained.
United Arab Emirates Ajay Banga World Bank Bank President Ajay Banga Climate Fund Loss And Damage

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