As one of the world's biggest fossil fuel exporters, Australia must pay its debts to the developing nations on the frontline of the climate crisis, politicians and researchers say.
In an early win for the 2023 United Nations Climate Change Conference, also known as COP28, delegates opened the door for nations to make contributions to a 'loss and damage' fund that was agreed to the previous year.
COP28 host the United Arab Emirates and Germany each contributed $A152 million, Britain pitched in $A77 million, the United States offered $A26.6 million while Japan provided $A15 million.
