Tariq 2023
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n a surprise that has lit up COP28, delegates have agreed to launch a long-awaited fund to pay for damage from climate-driven storms and drought.
Such deals are normally sealed last minute after days of negotiations.
COP28 president Sultan al-Jaber shook up the meeting by bringing the decision to the floor on day one.
The EU, UK, US and others immediately announced contributions totalling around $400m for poor countries reeling from the impacts of climate change.
It’s hoped the deal will provide the momentum for an ambitious wider agreement on action during the summit.
The stakes for that couldn’t be higher
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