Vulnerable nations set to design and test loss and damage funding facility

Finance ministers from vulnerable nations have agreed to use philanthropic funds to demonstrate how a funding mechanism for victims of the climate crisis could work by Chloé Farand  |  April 25, 2021 |  Published by Climate Home News  |  READ THE STORY HERE A coalition of vulnerable countries is getting to work to develop an international funding mechanism for victims of climate disasters. Finance ministers of the V20 group of vulnerable nations, a coalition of 48 developing countries, have agreed to design and test a funding facility to address the losses and damages of lives, [...]

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