World Bank leader says climate loss and damage fund is a ‘beginning’Financial Times

A fund for climate loss and damage has been launched at COP28. Here's what we know

The unprecedented international fund aims to compensate nations that are most vulnerable to climate change. Its announcement received mixed reactions.

World Bank leader says climate loss and damage fund is a ‘beginning’Financial Times

Money from historic agreement would not be made available before ‘sometime next year’

World Bank to operate 'loss and damage' climate fund

The World Bank will "operate" an ambitious new climate change fund, but donors and recipients will likely control how the money is actually spent, the head of the development lender said Friday. The World Bank will play a more limited role, managing the day-to-day operations of the fund, Banga explained.

World Bank to operate 'loss and damage' climate fund

DUBAI: The World Bank will "operate" an ambitious new climate change fund, but donors and recipients will likely control how the money is actually spent, the head of the development lender said Friday (Dec 1). More than US$400 million has been pledged initially to the

New 'loss and damage' climate disaster relief fund launched at COP28

Governments have collectively pledged more than $400 million to establish a loss and damage fund for the victims of climate disaster. Euractiv’s media partner, Climate Home News, reports.