Climate Reparations Are Officially Happening - The Atlantic - 0 views
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Today, on the opening day of COP28, the United Nations climate summit in Dubai, the host country pushed through a decision that wasn’t expected to happen until the last possible minute of the two-week gathering: the creation and structure of the “loss and damage” fund, which will source money from developed countries to help pay for climate damages in developing ones. For the first time, the world has a system in place for climate reparations.
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Nearly every country on Earth has now adopted the fund, though the text is not technically final until the end of the conference, officially slated for December 12.
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“We have delivered history today—the first time a decision has been adopted on day one of any COP,”
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