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Introducing Foreign Policy Live

Ones and Tooze

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The Loss and Damage Fund Is an Empty Bucket

The Biden administration signed on to the loss and damage fund agreed to at last year's COP meetings. "We're not accepting some kind of liability because this is a global thing, which everybody has," he says. The way we have been powering our societies in the developed world is having a profound negative impact on ourselves, as well as other people in the world.

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