The Climate Conference Sweetener

The loss and damage fund promised at COP28 will not do much to tackle global warming. Global temperatures continue to rise.

Tempo

December 11, 2023

THE commitment from developed countries at the 28th United Nations Climate Change Summit (COP28) in Dubai, United Arab Emirates, to pay out funds for ‘loss and damage’ caused by climate change was a little more than a sweetener. The total size is not very large when compared with the need for funds to mitigate the climate crisis caused by global warming.

At COP28, the developed and industrial countries once again promised to pay out

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