Home TechnologyCountries deadlocked on ‘loss and damage’ fund as UN climate summit nears

Countries deadlocked on ‘loss and damage’ fund as UN climate summit nears

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Countries are deadlocked over how to design a fund to help countries recover and rebuild from climate change-driven damage, with just over 30 days left before crucial United Nations climate negotiations kick off in Dubai.

Two dozen countries involved in a committee tasked with designing a “loss and damage” fund wrapped up the last meeting in the early hours of Saturday in Aswan, Egypt, with developing and developed countries at odds over central questions: which entity should oversee the fund, who should pay and which countries would be eligible to receive funding.

The committee was expected…



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