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Published 3 months ago

Countries at COP28 agree climate disaster fund deal details in early breakthrough

  • Nations at the UN climate conference finalized the creation of a fund to compensate countries struggling with climate change, with several countries making immediate contributions.
  • The fund, established on the first day of the COP28 conference, allows governments to announce contributions, starting with small pledges.
  • The fund aims to provide compensation for climate-vulnerable countries and address "slow onset" impacts such as rising sea levels.
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