Tuesday
March 25
2025

Low- And Middle-Income Countries ‘Should Turn To EU and China’ After US Climate Exit, Say Analysts

Lower-income countries must explore alternative funding strategies after the US pulled out of a global fund to compensate them for the worst impacts of the climate crisis, say analysts.

The Loss and Damage Fund was created to ensure that the countries most responsible for climate change compensate those most affected by it for the irreversible damage inflicted.

Photo courtesy of Pui Shan Chan.

Source: Phys.org (link opens in a new window)

Categories
Energy, Environment, Technology
Tags
climate change, climate finance, decarbonization, development finance, partnerships, renewable energy