COP27 Reaches Breakthrough Agreement on New “Loss and Damage” Fund
https://unfccc.int/news/cop27-reaches-breakthrough-agreement-on-new-loss-and-damage-fund-for-vulnerable-countries
The cover decision, known as the Sharm el-Sheikh Implementation Plan, highlights that a global transformation to a low-carbon economy is expected to require investments of at least $4-6 trillion a year…
Serious concern was expressed that the goal of developed country Parties to mobilize jointly $100 billion per year by 2020 has not yet been met…
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