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NatureWorld

COP28 launches climate ‘loss and damage’ fund

Published November 30, 2023
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The UN’s COP28 climate conference formally launched on Thursday a “loss and damage” fund long sought by vulnerable nations devastated by natural disasters linked to global warming.

“I congratulate parties for this historic decision. This sends a positive signal of momentum to the world and to our work,” the UAE’s COP28 president Sultan Al Jaber said after the fund’s “operationalisation” was adopted.

Source: AFP, Dubai

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