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Al Jazeera
Al Jazeera
Environment

Loss and damage fund approved at UN’s COP28 climate summit in Dubai

United Nations Sultan Ahmed alJaber Sultan alJaber COP28 COP UAE Oil
UAE Minister of Industry and Advanced Technology and COP28 President Sultan Ahmed al-Jaber, right, and Egyptian Foreign Minister and COP27 President Sameh Shoukry, left, at the COP28 opening in Dubai, UAE, November 30 [Amr Alfiky/Reuters]

The United Nation’s annual climate summit is under way in Dubai, with world leaders approving a climate disaster fund that will help vulnerable nations cope with the impact of drought, floods and rising seawater.

The agreement marked a “positive signal of momentum” at the start of the 2023 conference – known as COP28 – its host UAE’s Sultan al-Jaber said in the opening ceremony on Thursday.

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