Finance at COP28: After the Euphoria, Come Questions Galore

DUBAI, Dec 12 (IPS) - On November 30, the first day of COP28, the much-awaited Loss and Damage Fund—a landmark decision to compensate the world’s most climate-affected and climate-vulnerable people—was declared operational. Announcing the decision, COP28 President Dr Sultan Al Jaber said, ‘the fact that we have been able to achieve such a significant milestone on the first day of this COP is unprecedented. This is historic.”

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