Dubai: Countries at the U.N. COP28 climate summit on Thursday formally approved a deal on a new climate disaster fund.
The deal was adopted following the COP28 opening ceremony, drawing a standing ovation from delegates.
Representatives from developed and developing countries painstakingly crafted the agreement during negotiations this year. It will launch a fund to help vulnerable nations cope with the cost of climate-driven damage from drought, floods and rising seas.
Published 30 November 2023, 13:21 IST