The US has withdrawn from the Fund for Responding to Loss and Damage, a decision condemned by African negotiators. This impacts financial support crucial for vulnerable countries facing climate change effects, with calls for accountability of the US as a significant historical emitter.

The United States has officially withdrawn from an international agreement designed to compensate developing nations for losses and damages incurred due to climate change. This decision has drawn significant criticism, particularly from the African Group of Negotiators (AGN), which represents several African nations in UN climate discussions. The AGN highlighted that this withdrawal poses a serious threat to financial support for nations facing severe climate impacts.

The US exit from the Fund for Responding to Loss and Damage represents a significant blow to global climate justice efforts. The decision not only undermines vital support for developing countries but also places additional accountability on the US as the largest historical emitter of greenhouse gases. Ongoing advocacy and pressure will be essential to address the ramifications of this withdrawal and ensure that vulnerable nations receive necessary climate adaptation and mitigation funding.

Original Source: www.newsdrum.in