Developed countries agree in principle to ‘loss and damage’ fund for vulnerable nations as talks run on past deadline
The world’s poorest countries stood on the brink of a historic victory last night at crunch climate talks, as rich governments looked ready to finally provide aid for those devastated by extreme weather.
Developing countries have been asking for help with “loss and damage” – financial assistance to rescue and rebuild stricken countries after climate-related disaster – for more than a decade.
