Madrid — Civil Societies at the ongoing Cop25 meeting in Madrid, Spain have strongly come out demanding wealthy countries such as America and the European Union (EU) to have a lion's share in financing Loss and Damage due to emissions.
At a side event held on Wednesday organised by the World Wide Fund for Nature (WWF), Senior Advisor on Global Adaptation Policy for WWF, Sandeep Rai said currently there is no fund specifically for Loss and Damage which mostly result into governments to alternatively into other projects to cover for loss and damage because big contributors to emissions have neglected the effects.
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