UN climate deal funding two years off ...Kuwait

News by : (The New Arab) -
Countries agreed at last month's United Nations climate summit to create a fund to help poor countries damaged by climate disasters, but it will likely take two years to work out where the money will come from, a German climate official said on Wednesday. The deal to create a "loss and damage" fund was hailed as a breakthrough for developing country negotiators at the COP27 climate talks in Egypt, overcoming years of resistance from wealthy nations in European Union and United States. Germany's climate envoy Jennifer Morgan in a press briefing in Sao Paulo, Brazil, laid out the timeline for getting the fund up and running. "By next year at COP28, there can be a decisi

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