New Zealand wants to contribute four million New Zealand dollars ($2.35 million) to the establishment of a loss and damage fund on the island state of Vanuatu. This was reported by the New Zealand news portal Newsroom. The deal is due to be signed next week. Vanuatu estimated in 2022 that the island state would need $177 million over the next decade to respond to damage and losses. According to the New Zealand delegation, the new fund for Vanuatu is another „piece in the mosaic“ of funding for damage and loss.