CO2 QUOTE Closing from 08-10-2026 86,43 €/T

Where is the Loss and Damage Fund to help island countries agreed at COP28?

Where is the Loss and Damage Fund to help island countries agreed at COP28? Despite commitments made at COP28 in Dubai, where the Loss and Damage Fund was established to help Small Island Developing States (SIDS4) offset the impacts of extreme weather, rising sea levels and coastal erosion, 90% of all green investments go to developed countries and China.

The climate measures taken so far to help finance the efforts of resource-poor Small Island Developing States (SIDS4) “fall short of what has been said” following COP28 in Dubai last year.

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