But the initial funding is a tiny fraction of the overall need. A recent United Nations report found it will cost developing countries $215 to $387 billion per year to adapt to climate change.
Source: New fund will pay developing countries for climate damages : NPR
good news! “More than $400 million was announced, with the largest pledges coming from Germany and the United Arab Emirates, to kick off the “loss and damage” fund.”
bad news! “But the initial funding is a tiny fraction of the overall need. A recent United Nations report found it will cost developing countries $215 to $387 billion per year to adapt to climate change.”
and other problems. at least it’s a start?
