World Bank to Host Climate Loss and Damage Fund, Despite Concerns The article discusses the progress made toward establishing a "loss and damage" fund to assist poor countries affected by climate disasters. While the deal to create such a …
Tense Negotiations at COP28 Conference Over Climate Damage Fund The final meeting on a climate-related loss and damages fund, held in Abu Dhabi, concluded with tense negotiations and a decision that the World Bank would temporarily host the fund for…
Climate Fund Talks Collapse: Setback for COP28 Summit in Dubai The extended three-day talks witnessed a clash between affluent nations and developing economies, setting the stage for a challenging UN COP28 climate summit next month in Dubai. The cre…
World Bank's Push to Redirect Funds from Dirty Subsidies to Climate Action Shifting the Financial Landscape for Environmental Well-being The World Bank is embarking on an ambitious mission to encourage governments worldwide to divert funding fro…