World Climate Conference - COP28: 200 million US dollars for climate damage
At the start of the World Climate Conference, Germany and the United Arab Emirates have surprisingly pledged 200 million US dollars (around 183 million euros) to compensate for climate damage in particularly vulnerable countries.
This was announced by the President of COP28, Sultan al-Jaber, and German Development Minister Svenja Schulze (SPD) in Dubai.
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The United Arab Emirates and Germany's generous contribution at COP28 has drawn international attention, with other nations now encouraged to follow suit in addressing climate damage finances. The UN Climate Change Conference, COP28, will see discussions extend beyond financial commitments, delving into climate policies and collaborations between various nations. Germany's Development Minister, Svenja Schulze, emphasized that this funding is a testament to Germany's commitment in the international arena, working towards a sustainable future.
Source: www.stern.de