Tag: COP28

Loss and Damage Fund Won’t Operate “At Scale”

The Loss and Damage Fund is finally on a path to distributing funds – it will spend US$250 million until the end of 2026 on an initial clutch of interventions, with half going to SIDS and LDCS, but with no agreement that it will operate “at scale”.

COP28: where did we land on Carbon Credits?

While there was some progress on several outcomes at COP28, many texts and decisions remain unfinalised. One of these relates to carbon credits under the dedicated provision for market and related mechanisms under the Paris Agreement: Article 6.