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On 1st day, UN climate conference sets up fund for countries hit by disasters like flood and drought

Posted on AllSides November 30th, 2023
From The Left
AP Photo/Peter Dejong, File

The world just took a big step toward compensating countries hit by deadly floods, heat and droughts.

Nearly all nations on Thursday finalized the creation of a fund to help compensate countries struggling to cope with loss and damage caused by climate change, seen as a major first-day breakthrough at this year’s U.N. climate conference. Some countries started putting in money right away — if little compared to the overall anticipated needs.

Sultan al-Jaber, the president of the COP28 climate conference in Dubai, hailed “the first decision to be adopted...

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