Denmark becomes first to offer 'loss and damage' climate funding

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Denmark becomes first to offer 'loss and damage' climate funding
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Denmark on Tuesday pledged over $13 million (100 million Danish crowns) to support developing nations that have experienced losses caused by climate disruptions, becoming the first country to offer 'loss and damage' compensation to the most climate-vulnerable areas.

People, displaced because of the floods, carry a canister filled with flood water while taking refuge in a camp, following rains and floods during the monsoon season in Sehwan, Pakistan September 20, 2022. REUTERS/StringerSept 20 - Denmark on Tuesday pledged over $13 million to support developing nations that have experienced losses caused by climate disruptions, becoming the first country to offer "loss and damage" compensation to the most climate-vulnerable areas.

"I am very happy that we have agreed to increase support for climate-related losses and damages," he said in a statement. "It is grossly unfair that the world's poorest should suffer the most from the consequences of climate change, to which they have contributed the least.

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