COP28: Malaysia calls for transparency in Loss and Damage Fund governance ...Middle East

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COP28: Malaysia calls for transparency in Loss and Damage Fund governance
DUBAI: Malaysia calls for transparency in the governance and mobilisation of the Loss and Damage Fund which was established during the 28th Conference of Parties (COP28) of the United Nations Framework Convention on Climate Change (UNFCCC), here.Minister of Natural Resources, Environment and Climate Change Nik Nazmi Nik Ahmad said Malaysia lauds the establishment of the Loss and Damage Fund and the contributions pledged by developed nations to compensate climate-vulnerable countries.He said the launch of the Loss and Damage Fund was a big achievement during the COP28 presidency led by the United Arab Emirates (UAE) as it saw contributions from several developed nations.Notable commitments

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