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Reuters
Reuters
Environment
By Valerie Volcovici

Denmark becomes first to offer 'loss and damage' climate funding

United Nations Denmark
People, displaced because of the floods, carry a canister filled with flood water while taking refuge in a camp, following rains and floods during the monsoon season in Sehwan, Pakistan September 20, 2022. REUTERS/Stringer

Denmark on Tuesday pledged over $13 million (100 million Danish crowns) to support developing nations that have experienced losses caused by climate disruptions, becoming the first country to offer "loss and damage" compensation to the most climate-vulnerable areas.

Danish Development Minister Flemming Møller Mortensen made the pledge on the sidelines of the United Nations General Assembly, saying the new climate funds would go to the Sahel region in northwestern Africa and other fragile regions.

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