Global climate negotiators have reached a framework for a fund to help vulnerable nations deal with loss and damage from extreme weather. The World Bank will temporarily host the fund for the next four years. The fund aims to compensate developing countries for climate damage caused by greenhouse gas emissions. The impasse on the fund has been broken before COP28, but there is still a tough road ahead. The Asia-Pacific Economic Cooperation (APEC) summit in San Francisco has raised the stakes for the negotiations. The G20 is also being highlighted as a suitable platform for creating a dedicated fund for climate migrants.
Here Are All the Vendors at San Francisco’s Next Night Market in Chinatown This Weekend Building on the momentum of the moon festival, the two-night event is meant to show the city off to international visitors ahead of APEC. #APEC #USAPEC2023 https://t.co/FzLTog3BJ2
Climate "loss and damage" fund makes its way to COP28 https://t.co/XMmVKpIUyR
Being a #multilateral forum of international #economic cooperation, the #G20 can serve as a suitable platform for creating a dedicated fund for #climate migrants, highlights Priyanshu Mehta https://t.co/friJlzVYJG
Impasse broken on climate fund before COP28 but tough road ahead https://t.co/UHLAwJxse4 https://t.co/6RxLsZQKpy
New climate compensation agreement raises international tensions https://t.co/3z2YJomnEJ
With San Francisco set to host the upcoming Asia-Pacific Economic Cooperation summit, city officials announced that international travel through SFO is reaching pre-pandemic levels. https://t.co/kxuNj0PsGS
Global leaders reach deal on structure for fund compensating developing countries for climate damage https://t.co/A5TKBNXbbv https://t.co/kTsrNXnp8f
He pressed rich nations to compensate poorer ones for the disproportionate “loss and damage” they’ve endured because of greenhouse gas emissions. https://t.co/PntDwH6fpJ
Impasse broken on climate fund before COP28 but tough road ahead https://t.co/wHtvppK8wX https://t.co/OmqA3jyarN
How one San Francisco neighborhood is sprucing itself up for #APEC, https://t.co/H8yHDPnUrS
Impasse broken on climate fund before COP28 but tough road ahead https://t.co/PNhVmUIM47 https://t.co/wWllV3H0gZ
Countries successfully cobbled together details for a "loss and damage" fund that would steer money to developing nations hit hardest by climate change. But the committee meeting was not without its drama. https://t.co/iRu7tQti4e
Climate kleptocracy aims to make payments to UN climate fund mandatory: "@StateDept was 'pleased with an agreement being reached' but regretted that the consensus reached among negotiators about donations to the fund being voluntary is not reflected in the final agreement."… https://t.co/BKZUs2DKqF https://t.co/qGBDtiek6c
Tense negotiations at the final meeting on a climate-related loss and damages fund ended Saturday in Abu Dhabi, with participants agreeing that the World Bank would temporarily host the fund for the next four years. https://t.co/RLQqB0N9Nq
Climate crisis and US-China rivalry take center stage at Pacific Islands forum https://t.co/vBwWThprDY https://t.co/73tprdUbh3
Community members and merchants in Chinatown are making a big push to get tourists who will be in the city for APEC to visit. https://t.co/Bmxph1q2T2
World Bank to host climate damages fund https://t.co/vj2zZHkWq4 https://t.co/I2phAWHGsl
Being a #multilateral forum of international #economic cooperation, the #G20 can serve as a suitable platform for creating a dedicated fund for #climate migrants, highlights Priyanshu Mehta https://t.co/friJlzWwze
Why the stakes of the APEC summit in San Francisco just got even higher https://t.co/bAkfsSjGvm
Global climate negotiators reached a framework for a fund to help vulnerable nations deal with loss and damage from increasingly extreme weather https://t.co/IRG325h9j0