Loss and damage fund to hand out $250 million in initial phase

The fund’s board has agreed a plan for the start-up phase of the UN mechanism to help developing nations tackle the consequences of climate disasters
Progress on structure for new global climate finance goal but trickier divides persist
A man stands in a home where the roof was ripped apart, in the aftermath of Hurricane Beryl, in St. Elizabeth Parish, Jamaica, July 5, 2024. REUTERS/Maria Alejandra Cardona

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