Deadlock on L&D funding: Rich countries against equity, trust

The fourth meeting of the Transition Committee for the operationalisation of the Loss and Damage Fund ended in Aswan, Egypt with no clear resolutions on key issues especially where the Loss and Damage Fund (agreed to in COP27, at Sharm el-Sheikh) would be domiciled.   From October 17-20, 2023, developed countries led by the United States…

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