Comment on UK loss and damage fund contribution

Commenting on the agreement of a new loss and damage fund at COP28, which includes a contribution of £60m from the UK, Gareth Redmond-King, Head of International Programme at the Energy and Climate Intelligence Unit (ECIU) said: “British negotiators have worked hard in international meetings this year to land the agreement that has gone through on day one of COP28 to establish a loss and damage fund. Also today, the Conservative UK government has joined other major economies like the US, EU, Germany and Japan in recognising the important principle of contributing funds to support the poorest and least climate resilient nations in dealing with the growing costs of worsening climate impacts. Questions will remain for the future as to the amount pledged and whether future contributions will be new money.”

ENDS

For more information or for interview requests:

George Smeeton, Head of Communications, ECIU, Tel: 07894 571 153, email: george.smeeton@eciu.net