Developing nations are seeking compensation for the impacts of climate change at the upcoming Cop28 talks. A draft agreement for a loss and damage fund has been reached, but details such as the scale of the fund and who must contribute remain unresolved. Developing nations argue that they are often hit hardest by climate change despite contributing less to greenhouse gas emissions. Some are skeptical that the fund will raise enough money, as the Green Climate Fund has fallen short of its goal.
Developing nations are seeking compensation for the impacts of climate change at the upcoming Cop28 talks. A draft agreement for a loss and damage fund has been reached, but details such as the scale of the fund and who must contribute remain unresolved. Developing nations argue that they are often hit hardest by climate change despite contributing less to greenhouse gas emissions. Some are skeptical that the fund will raise enough money, as the Green Climate Fund has fallen short of its goal.
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