Loss and damage fund: Path ahead remains thorny

During the monsoon season in 2022, Pakistan witnessed catastrophic floods that killed 1,739 people. PHOTO: REUTERS
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NEW DELHI - Amid disappointment that the COP27 climate talks failed to deliver on several fronts, including fresh commitments to reduce emissions, there was one break in the clouds.

This was the creation of a loss and damage fund that requires developed countries to provide financial assistance to poor and developing nations struck by devastating climate disasters.

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