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Tense negotiations at the final meeting on a climate-related loss and damages fund — an international fund to help poor countries hit hard by a warming planet — ended Saturday in Abu Dhabi, with participants agreeing that the World Bank would temporarily oversee the fund for the next four years
Tense negotiations at the final meeting on a climate-related loss and damages fund — an international fund to help poor countries hit hard by a warming planet — ended Saturday in Abu Dhabi, with participants agreeing that the World Bank would temporarily oversee the fund for the next four years.
BENGALURU, India (AP) — Tense negotiations at the final meeting on a climate-related loss and damages fund — an international fund to help poor countries hit hard by a warming planet — ended Saturday in Abu Dhabi, with participants agreeing that the World Bank would temporarily host the fund for the next four years. The […]
The consensus, reached by the 24-member committee at a meeting in Abu Dhabi, will be presented at COP28 in Dubai for all 190-odd countries to consider. While neither the developed nor the developing countries' negotiators were completely satisfied with the outcome, it was adopted in a spirit of compromise by the 24-member committee, barring the US.
Governments draw up blueprint for fund to be administered at first by World Bank after tense Abu Dhabi talks