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World Bank poised to host climate loss and damage fund, despite concerns
Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by climate disasters, despite reservations from developing nations and the United States.
https://www.reuters.com/sustainability/sustainable-finance-reporting/world-bank-poised-host-climate-loss-damage-fund-despite-concerns-2023-11-04/
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60 w
This is a great initiative 👍.
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61 w
We are hoping for the best to come out of this conference
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62 w
This is great initiative and developing countries will benefit alot
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62 w
Sounds good though we discourage bias-ism.
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Helping developing countries and those going through climate crisis is really human and encouraging
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🌍💚👏🙏
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World bank is heading towards the right direction however proper structure and policies should be implemented to ensure the resources allocated to naturally disaster are appropriately used
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This is good of World Bank ... Majority of less developed countries will benefit from this
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This initiative will help vulnerable countries that are disproportionately affected by climate change-related disasters.
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🙏🌍
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This is a positive step, but it is important to ensure that the fund is implemented in a way that is fair and effective.
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@george_kariuki Giving out funds is a good thing but giving them fairly is the tricky part