ClimatePolicy Archives - Universal Group Of Institutions

10Mar 2025

UGI USER
CarbonFootprint ClimateChange ClimateCrisis ClimateFinance ClimatePolicy COP28 GlobalWarming LossAndDamageFund Sustainability USWithdrawal
20
0

Loss and Damage Fund Faces Setback as U.S. Withdraws

Why in the News? The Loss and Damage Fund (LDF), created at COP27 (2022) to support developing nations facing climate disasters, faces uncertainty as the U.S. withdraws its financial commitment. This raises concerns over the future of global climate finance and justice. Background and Purpose: Established at COP27 (2022) to assist developing nations facing climate-related …

18Sep 2024

COP29 in Azerbaijan: Focus to be on climate finance agreement

Why in the News? Azerbaijan, the host of COP29, announced the launch of a Climate Finance Action Fund (CFAF) to support developing nations’ climate efforts. The fund aims to collect voluntary contributions from fossil fuel-producing countries and companies. The main agenda of COP29 is to finalize a climate finance agreement post-2025, requiring developed nations to …

Tag

Loss and Damage Fund Faces Setback as U.S. Withdraws

COP29 in Azerbaijan: Focus to be on climate finance agreement