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10Mar 2025
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 …
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