On the first day of COP28 in Dubai, countries agreed to a set of provisions expanding contributions to a disaster relief fund reserved for developing countries bearing the worst effects of climate change.
The early financial commitments are as follows: $100 million from host country United Arab Emirates (UAE), $100 million from Germany, $51 million from the United Kingdom, $17.5 million from the United States and $10 million from Japan. The funding builds upon a framework agreed to at COP27 in 2022 in Egypt.
