On the first day of the UN climate conference, nations agreed to create a fund which has already raised more than US$ 400 million to compensate countries coping with loss and damage caused by climate change.

This came as the United Arab Emirates called for ways to include a role for oil and gas in climate action.

Adel El Mahrouky has more.

To discuss:

• Changhua Wu is the China Director at The Office of Jeremy Rifkin.
• Mohammed Mahmoud is a Senior Fellow and the Director of the Climate and Water Program at the Middle East Institute.
• Bob Watson is the Former Chair of the Intergovernmental Panel on Climate Change.
• Robert Orr is the Dean of the University of Maryland’s School of Public Policy, Former United Nations Under-Secretary-General, and Former Special Advisor to the UN Secretary-General on Climate Change.

For more:

Eye on Africa – Cop28 summit opens with launch of loss and damage fund
➡️ https://t.co/xXn4M9zzW8 pic.twitter.com/PjnvlNhTi9

— FRANCE 24 English (@France24_en) November 30, 2023

“It’s time for action, because every fraction of a degree matters.”

At #COP28, UNEP chief @Andersen_Inger calls for a break from fossil fuels, accelerated adaptation & a surge of climate finance to tackle the #ClimateCrisis.

More from UNEP @COP28_UAE: https://t.co/8NhYPJ1Fig pic.twitter.com/gEQdgGnRlO

— UN Environment Programme (@UNEP) November 30, 2023