Australia’s climate minister, Chris Bowen, says Pacific nations and other countries vulnerable to climate catastrophe should be the major beneficiaries of “loss and damage” funding, and a broader range of countries should bankroll the international effort along with the private sector.
Bowen used a speech to a foreign policy thinktank on Tuesday night to signal Australia’s position ahead of Cop28, the looming United Nations-led climate talks, which get under way in the United Arab Emirates later this month.