COP28 Kicks Off in UAE with Agreement on Loss and Damage Fund ...Egypt

The first day of the United Nations’ Climate Change Conference COP28 kicked off on Thursday in the United Arab Emirates with a formal approval of the draft decision for the Loss And Damage Fund. “We’ve delivered history today. The first time a decision has been adopted on day 1 of any COP. And the speed in which we have done so is also historic,” COP28 President Sultan Al-Jaber said at the conference to a standing ovation. Al-Jaber also announced that the United Arab Emirates is pledging $US100 million to the fund. In total, more than $US420 million was pledged to the Loss and Damage Fund on Monday. Germany committed $US100 million, the European Union pledged $US246 million, and the United K

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