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Climate crisis: Who should pay to rebuild Pakistan?
Behind the Money
The History of the Loss in Damage Fund
FT Climate reporter Kamila Hodsen traveled to the UN's Climate Change Conference, COP 27. After months of negotiations, there was finally an agreement reached to create a new loss in damages fund. Loss in damage fund aims to get heavy polluting richer nations to provide funding for low-polluting vulnerable countries that face extreme weather events.
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