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climate financeThe Cool Down
•Science
Science
80% Informative
Pacific Island nations are calling for a new fund to help offset the cost of climate-related losses and damages for countries that have been unable to access other sources of funding.
The island nations called their lack of access to previous funding a "gross injustice," as they are disproportionately impacted by the severe weather events.
The fund was agreed to during COP27 , in 2022 , but progress on actually building it has been incredibly slow.
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