Loss and damage

The agreement on a loss-and-damage fund during the 27th United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt, last month, marked an important step towards climate justice. Under the agreement, wealthy countries that have historically been responsible for high emissions will financially compensate poorer nations, which have borne the brunt of climate change. But the details still need to be worked out. A ‘transitional committee’ is expected to meet before the end of March to make recommendations on how to arrange these funds, which will be presented to delegates from around the world during the United Nations COP28 conference in Dubai next November.