The final text on how to operationalize the Loss and Damage fund is ready for COP28. The choice vulnerable countries made to give the World Bank a trial on hosting the fund is an unprecedented opportunity for the World Bank to show its commitment in assisting vulnerable countries navigate the climate crisis.
Author: Michael Franczak
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In the world of global climate negotiations, a critical one took place this past Friday, October 20th. As the fourth session of the Loss and Damage Transitional Committee was coming to an end with barely any time for negotiators to read a last-minute text, a decision was made to add a fifth session around the […]