The 2023 Dubai Climate Change Conference began on a high note. During the opening plenary, parties adopted a decision operationalizing the new loss and damage fund that was established the previous year in Sharm el-Sheikh, Egypt, and a number of parties announced pledges for its initial capitalization. This success was made possible by an agreement reached in the Transitional Committee that was tasked and met throughout 2023 to make a recommendation on the institutional arrangements for the fund.Parties a
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