Loss and Damage Fund to begin financing projects in 2025: COP29 Presidency

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Reinsurance News - Nov 25, 2024

The COP29 Presidency of Azerbaijan has succeeded in getting the Fund for Loss and Damage up and running and ready to distribute money in 2025. The establishment of the Loss and Damage Fund was first agreed upon during COP27 in Egypt, aiming to provide financial assistance to countries most vulnerabl...

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