COP28: What difference can the 'loss and damage fund' really make?

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COP28: What difference can the 'loss and damage fund' really make? | DW News

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Industrialized countries have pledged around half a billion US dollars to help the world's most vulnerable nations cope with the impacts of climate change.
An agreement on the new 'loss and damage fund' on the first day of the COP28 climate conference was met with a standing ovation. The money will help pay for damage caused by slow onset disasters, like rising sea levels, and extreme weather events, like heavy rain, flooding, droughts and wildfires. But many say the money pledged is not enough.
In Pakistan for example, families are still struggling after deadly floods - made worse by climate change - swept through Sindh province in mid 2022.
We talk to Mustafa Talpur. He is Asia Regional head of Advocacy and Campaigns for Oxfam international and joins us from Islamabad.
And for more, DW’s Climate Correspondent Louise Osborne is joining us in the studio.
#cop28 #climatechange #naturaldisaster
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Пікірлер: 18

@GolTriangle 8 ай бұрын

Unfortunately, Aid money's ending up in politicians , military, terrorists pockets.

@DOWNUNDER. 8 ай бұрын

Some cop28 attendees would argue 700 million is to much, saying - have you any idea how much fine wines and Michelin chef meals cost, and then there's the expense of running private jets, We are the ones suffering here.

@mimikrya8794 8 ай бұрын

Currently, rich and developed countries are focused on increasing military budgets, increasing the production and consumption of weapons. The climate problem and its consequences are not their priority.

@RobVespa 8 ай бұрын

It depends on how many tens of dollars out of half a billion actually goes towards resolving issues... and not in someone's pocket. Source: Well-documented reality that people tend to ignore.

@catherineleslie-faye4302 8 ай бұрын

I would like to see the loss and damage funds go to NGOs that work in the devestated areas, instead of those funds being given to governments.

@JeffHenry-cq3is 8 ай бұрын

Like the Clinton foundation

@catherineleslie-faye4302 8 ай бұрын

@@JeffHenry-cq3is Like Doctors Without Borders, Like UNICEF, Like the Red Crecent & the Red Cross. Not the Clinton Foundation.

@creepyclowns 8 ай бұрын

Is that how much it cost to send all those envirnmentalists to dubai for carbon offsets?

@emandas5640 8 ай бұрын

DW is True Reporter who Neglected Afghanistan, Iraq and Syria. 🇦🇫🇮🇶🇾🇪

@tajmajal4197 8 ай бұрын

Let's hope that the bulk of the funds should not end up in top dogs' private bank accounts.

@meorme6603 8 ай бұрын

The climate is always changing😂 Not buying it off some put together video of indigenous people who have been living there for ever, and floods come every 35 years.

@JeffHenry-cq3is 8 ай бұрын

Just go from poor people to rich people

@ANIMALS_AND_MORE_moments 8 ай бұрын

I think it is time to review the term rich countries. Fact is that many so called developing countries have a much lower tax rate, e.g. to attracked businesses from so called rich countries and it works. Second, so called poor countries are usually having a high score in corruption meaning enriching a few against further country's development. Therefore, so called rich countries should not feel guilty to help everyone else - having a look into many of them, the situation internally doesn't look good - so does the future for some.

@w1113zuch 8 ай бұрын

Ну Утиной истории лаве девать некуда! 😂

@casualsuede 8 ай бұрын

What America is supporting Ukraine with could solve alot of the problems. Countries have no problems waging war, but not stopping man made crises that hurt tens of millions.

@fanbutton 8 ай бұрын

I pressed the stop button 11 seconds after the video started when he mentioned climate change. I've had my fill of government propagada for this year.