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EU proposes climate damages fund for vulnerable countries, with conditions attached

By Stefano Porciello ( November 18, 2022, 11:40 GMT | Insight) -- A fund for climate-related damages in vulnerable countries has been proposed by the EU in a compromise bid to try to unlock negotiations at the UN climate change conference in Egypt. The offer came with conditions: The fund should be financed by a “broad donor base” and be paired with new ambition on climate change mitigation action.The EU has proposed establishing a fund for climate-related damages in vulnerable countries to try to unlock negotiations at the UN climate change conference in Egypt....

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