Under the guidance of the UN Framework Convention on Climate Change (UNFCCC), an international committee has reached an agreement of recommendations on operationalising a global fund for vulnerable countries and communities affected by climate change on November 4th in Abu Dhabi. Despite a formal objection from the U.S. and reservations from other members in the 24-member transitional committee (TC), the final approval is set for the 28th Conference of Parties (COP28) to the UNFCCC that will be held from November 30 - December 12 in Dubai.
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Under the UN guidance, a transitional committee on loss and damage due to climate emergency has clinched an agreement of recommendations on operationalising a global fund for vulnerable countries and communities on November 4, 2023, in Abu Dhabi (UAE).