2 December 2023 |
Now that the UN Climate Change Conference in Dubai has approved the new fund responding to loss and damage right at the start of the meeting, the implementation is getting a kick-start. Germany and the Vulnerable Twenty Group (V20) will be contributing some principles to the design of the Fund which are based on their practical experience with the Global Shield against Climate Risks, launched by Germany and the V20 a year ago as trailblazer. Germany, represented by Development Minister Svenja Schulze, and Ghana, chair of the V20, today held a joint press conference in Dubai to highlight these points.