The ‘hollow’ promise of loss and damage

News November 30, 2022 / By: Ann Danaiya Usher

In the absence of concrete financial commitments, the loss and damage fund agreed at the COP27 climate summit in Egypt risks crowding out financing for climate adaptation, Nordic activists say. Adil Najam at Boston University calls the agreement on the new fund a “hollow win” for developing countries.

Pakistan flood UN Photo Esksinder Debebe.jpg — Floods in Pakistan this year displaced some 33 million people and caused damages exceeding USD 30 billion (Photo by Esksinder Debebe / UN Photo)

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The ‘hollow’ promise of loss and damage

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