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#150 Megadrought in the US; how to move an elephant

The world, the universe and us

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Climate Change and the Loss and Damage Fund

COP28 is already scheduled to take place in Dubai next year and that's when countries will really start to grapple with how this loss and damage fund might work. How much money might be needed which countries should pay in expected to be a bit of a battle because countries like the US are expected to refuse to contribute to the new fund unless China do so that's going to create some tensions. There's also a big push to get petrostates and big oil and gas companies to cough up but that could be a pretty awkward dynamic given that next year's summit is being hosted by the United Arab Arab Emirates, one of the world's largest oil producers.

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