COP28 conference looks set for conflict after tense negotiations over climate damage fund

COP28 conference looks set for conflict after tense negotiations over climate damage fund

BENGALURU, India (AP) Tense negotiations at final meeting on a loss and damage fund An international fund to help poor countries hit hard by global warming concluded Saturday in Abu Dhabi, with participants agreeing that the World Bank would temporarily host the fund for the next four years. The United States and several developing countries … Read more

Climate fund negotiations fail as rich and developing countries clash

Stay informed with free updates Simply register at Climate change myFT Digest – delivered straight to your inbox. A major UN COP27 climate summit deal fell into disarray after talks to create a fund to help countries suffering the devastating effects of global warming collapsed in the early hours of Saturday morning. The clash between … Read more