A crucial meeting on climate 'loss and damages' ahead of COP28 ended in failure Saturday, with countries from the global north and south unable to reach an agreement, according to sources involved in the talks.
PARIS, France — A crucial meeting on climate "loss and damages" ahead of COP28 ended in failure Saturday, with countries from the global north and south unable to reach an agreement, according to sources involved in the talks.
But the delegates were unable to reach an agreement and deferred the decision to another meeting due November 3 to 5 in the United Arab Emirates, according to a webcast of the debate on the official YouTube channel of the United Nations.There was a divide over it being managed by the World Bank, accused of being in the hands of the West, or in a new independent structure, called for by many developing nations, but would be time consuming and complex to replenish with new funds.
Rachel Cleetus with the Union of Concerned Scientists said that "today's disappointing outcome is a blow to communities... facing an unrelenting onslaught of climate impacts". Top scientists have launched a yearly report series to plug knowledge gaps ahead of crunch climate talks, with their global...
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