Despite the so-called “breakthroughs” made ahead of this week’s Cop28 talks, ongoing disputes over a Loss and Damages Fund for poor countries battling climate disasters will prevent the financing tool from ever being workable, critics warn.
Getting the fund up and running is a major objective of the UN summit in Dubai – during which almost 200 countries must sign off on the recommendations that resulted from meetings between rich and poor nations in the lead up to Cop28.
