An agreement to create the loss and damage fund was the big achievement of last year’s climate conference in Egypt. But countries including the U.S. are at odds over how to set it up and who should run it.
Denmark announced at the U.N. General Assembly that it will direct $13 million to vulnerable countries that have suffered “loss and damage” from climate change.
“They’ve effectively been lighting the house on fire as they plan to walk out the door,” said one advocate, referring to Donald Trump’s pledge to leave the Paris Agreement next year.
