In eleventh hour COP27 pitch, EU proposes climate loss and damage fund
Corporate Knights
NOVEMBER 18, 2022
The European Union offer would include a commitment to immediately establish a new loss and damage response fund with details worked out over the next year as well as a commitment to examine debt and reform the mulitlateral development banks,” the news agency writes. China and Gulf states pushed back, while the U.S. kept quiet.”.
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