COP28 in Dubai is something of a rollercoaster ride for vulnerable and poor developing countries – which are part of the G77 group and China in UN climate negotiations. They experienced highs when the loss and damage fund, with an initial capitalization of over 700 million dollars, finally began its work. They had to accept defeats, such as the blockade during negotiations of climate change adaptation and the still unresolved decision on phasing out fossil fuels.