Fund to help world’s poorest and most vulnerable countries hit by climate disaster likely to be first decision agreed on at conference
The Cop28 climate summit has officially opened, with the first decision likely to be on relief for the world’s poorest and most vulnerable countries, which are being hit increasingly by climate disaster.
A blueprint for a new fund for loss and damage, focused on the rescue and relief of poor countries stricken by extreme weather, is expected to be officially agreed on and adopted on Thursday. This will see a fund set up under the auspices of the World Bank at first, able to disburse money to developing countries and funded by rich industrialised nations and emerging economies and fossil fuel producing countries, such as China, Gulf states and the Cop28 host country, the United Arab Emirates.
Cop28: Can fossil fuel companies transition to clean energy?
On Tuesday 5 December, 8pm-9.15pm GMT, join Damian Carrington, Christiana Figueres, Tessa Khan and Mike Coffin for a livestreamed discussion on whether fossil fuel companies can transition to clean energy. Book tickets here or at theguardian.live
