Kerry’s Promise of ‘Millions’ for Climate Damages Criticized

Nov. 13, 2023, 6:23 PM UTC

A US offer of several million dollars to address losses and damages caused by global warming is raising the ire of activists as some nations contend with flooding and other consequences of climate change.

US Special Presidential Envoy for Climate Change John Kerry made the offer at the Bloomberg New Economy Forum in Singapore last week, promising — without specifics — that the US would contribute to the new Loss and Damage Fund at the upcoming COP28 summit in Dubai.

John Kerry during the Bloomberg New Economy Forum in Singapore on Nov. 10.
Photographer: Lionel Ng/Bloomberg

The formal decision to create that initiative was seen as a significant victory for climate-vulnerable countries at last year’s ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.