The double success at the start – and it • Table.Briefings

The climate conference has already achieved a success at the kick-off of COP28.

COP28 in Dubai started with an unprecedented victory: The new loss and damage fund has been set up, around 400 million dollars have been made available, and the agenda has been approved. On the one hand, this is a positive signal for the conference. On the other hand, it could slow down the Presidency’s vigor.

The COP28 presidency kicked off the first day of the conference with a strategically important double success. In a surprise move, the opening plenary session on Thursday afternoon adopted the long-disputed details for the loss and damage fund (LDF) and the conference agenda. At the same time, several countries, led by the UAE and Germany, declared their willingness to fill the LDF with a total of around 400 million dollars.

The double success at the start – and its risks

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