COP28
Storyboard Text
- COP28? What's that??
- Hi Fatima its been a while what have you been doing these days?
- Hey Abhi I've been doing amazing I've actually been working at COP28 these past few weeks
- the loss and damage fund refers to a financial mechanism established to address and compensate for the residual impacts of climate change that cannot be mitigated or adapted to. It aims to provide support for communities and countries facing irreversible losses and damages resulting from the adverse effects of climate change.
- What is the loss and damage fund?
- It is the conference of Parties 28 it was held right here in Dubai and the countries that participated approved the loss and damage fund
- how would that affect low and middle income countries?
- woah that seems like it would really help rebuilding infrastructure, assisting affected communities, and enhancing resilience, reducing the disproportionate burden on economically vulnerable regions.
- A Loss and Damage Fund would benefit low and middle-income countries by offering financial support to deal with the unavoidable impacts of climate change, helping them recover and build resilience against future challenges.
- that is exactly why over 195 countries signed om it
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