US Plan for Loss and Damage Fund Sparks Anger in Run Up to COP28

COP28 is just six weeks away and countries are already trading blows over what is likely to be one of the most contentious issues at this year’s UN climate summit in Dubai.

After countries reached a major breakthrough to agree in principle to create a fund for the losses and damages caused by climate change at last year’s United Nations Conference of the Parties, or COP, in Egypt, a major divide is emerging between developed and developing nations over who should operate it and how it should be filled.

Rich countries want heavy emitters like China and Saudi Arabia to ...